M&A Deal Summary

Auveco Acquires W&E Sales Co.

On July 23, 2019, Auveco acquired automotive company W&E Sales Co.

Acquisition Highlights
  • This is Auveco’s 2nd transaction in the Automotive sector.
  • This is Auveco’s 2nd transaction in the United States.
  • This is Auveco’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2019-07-23
Target W&E Sales Co.
Sector Automotive
Buyer(s) Auveco
Deal Type Add-on Acquisition

Target

W&E Sales Co.

Newark, New Jersey, United States
W&E Sales Co. is a provider of autobody fasteners and specialty hand tools to the automotive aftermarket. W&E Sales was founded in 1950 and is based in Newark, New Jersey.

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Buyer(S) 1

Buyer

Auveco

Cold Spring, Kentucky, United States

Category Company
Founded 1916
Sector Automotive
DESCRIPTION

Auveco is a distributor of fasteners to the automotive body hardware, aftermarket, and general industrial maintenance, repair, and operations space. The Company sells to thousands of wholesale distribution customers who subsequently service hundreds of thousands of collision centers, repair shops, and dealerships located throughout North America. Auveco was founded in 1916 and is based in Cold Spring, Kentucky.


DEAL STATS #
Overall 2 of 3
Sector: Automotive M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 3
State: New Jersey M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-27 Marli Manufacturing Co.

Binghamton, New York, United States

Marli Manufacturing is a provider of automotive aftermarket mechanical components, including engine head bolts, intake manifold bolts, oil drain plugs, oil drain gaskets and other specialty fasteners and fittings. Marli Manufacturing was founded in 1980 and is based in Binghamton, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-28 ClipLizard

Spencer, Indiana, United States

ClipLizard specializes in sourcing and distributing automotive clips and fasteners to PBE distributors. ClipLizard is bassed in Spencer, Indiana.

Buy -