1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Germany >
  5. AVIC Electromechanical Co Acquires Kokinetics

M&A Deal Summary

AVIC Electromechanical Co Acquires Kokinetics

On May 30, 2014, AVIC Electromechanical Co acquired automotive company Kokinetics from Endurance Capital

Acquisition Highlights
  • This is AVIC Electromechanical Co’s 2nd transaction in the Automotive sector.
  • This is AVIC Electromechanical Co’s 1st transaction in Germany.

M&A Deal Summary
Date 2014-05-30
Target Kokinetics
Sector Automotive
Buyer(s) AVIC Electromechanical Co
Sellers(s) Endurance Capital
Deal Type Add-on Acquisition

Target

Kokinetics

Kriftel, Germany
Kokinetics supplies the automotive industry with seat and transmission technologies. Kokinetics is based in Kriftel, Germany.

Search 214,981 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

AVIC Electromechanical Co

Hubei, China
Category Company
Sector Electrical Equipment
DESCRIPTION

AVIC Electromechanical Systems Co., Ltd. manufactures and markets precision punching products, including angle modulation devices for auto seats, sliding rails, seat lifting devices, and other related products.

DEAL STATS #
Overall 2 of 2
Sector: Automotive M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Germany M&A 1 of 1
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-29 Hilite International

Cleveland, Ohio, United States

Hilite manufactures hydraulic drives and timing systems for the automotive industry. The products are used in engines, transmissions and exhaust systems for passenger cars and commercial vehicles. Hilite manufactures progressive powertrain products and emission systems that help to improve fuel consumption and to reduce emissions. Its customers include leading international car and truck manufacturers.

Buy €473M

Seller(S) 1

SELLER

Endurance Capital

Munich, Germany
Category Private Equity Firm
Size Small
Type Sector Agnostic
DESCRIPTION

Endurance Capital AG is a private investment firm focused on a variety of transaction situations in Germany, Switzerland, and Austria. Endurance targets divestitures, special situations, as well as companies facing shareholder disputes or succession issues. Sectors of interest include automotive, engineering, fashion/textiles, and retail. Endurance seeks to invest a up to €20 million in businesses generating €20 to €300 million of annual revenue. Endurance Capital AG is based in Munich.

DEAL STATS #
Overall 3 of 7
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 6
Country: Germany M&A 3 of 7
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-01 Ecosoil

Oberhausen, Germany

Ecosoil is an enterprises in the field of surface sanitation. Ecosoil is based in Oberhausen, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-21 Schweizer Group

Hattenhofen, Germany

Schweizer Group providers of innovative die-cast aluminium and magnesium solutions. Schweizer Group was founded in 1867 and is based in Hattenhofen, Germany.

Buy -
Mergr

Solution for

Product

Company

Legal