M&A Deal Summary

Carrier Transicold Acquires Westport Fuel Systems - Select IMPCO Road and Rail Transport Product Lines

On April 17, 2017, Carrier Transicold acquired automotive company Westport Fuel Systems - Select IMPCO Road and Rail Transport Product Lines from Westport

Acquisition Highlights
  • This is Carrier Transicold’s 1st transaction in the Automotive sector.
  • This is Carrier Transicold’s 1st transaction in Canada.
  • This is Carrier Transicold’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2017-04-17
Target Westport Fuel Systems - Select IMPCO Road and Rail Transport Product Lines
Sector Automotive
Buyer(s) Carrier Transicold
Sellers(s) Westport
Deal Type Divestiture

Target

Westport Fuel Systems - Select IMPCO Road and Rail Transport Product Lines

Vancouver, British Columbia, Canada
Westport Fuel Systems, Inc. - Select IMPCO Road and Rail Transport Product Lines provides a superior line of APUs and battery comfort systems for trucks and APUs for locomotives.

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Buyer(S) 1

Buyer

Carrier Transicold

United States

Category Company
Sector Real Estate
DESCRIPTION

Carrier Transicold is a provider of transport and shipping of temperature controlled cargoes with a complete line of equipment and services for refrigerated transport and cold chain visibility.


DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Divestiture) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

Westport

Vancouver, British Columbia, Canada

Category Company
Founded 1995
Sector Automotive
Employees1,715
Revenue 332M USD (2023)
DESCRIPTION

Westport is a provider of advanced natural gas engines and vehicles. Westport Innovations develops technologies to allow commercial fleet engines to use clean-burning fuels, such as liquefied and compressed natural gas, hydrogen, and hydrogen-enriched compressed natural gas. Westport was founded in 1995 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Divestiture) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-01 Fuel Systems Solutions

New York, New York, United States

Fuel Systems Solutions, Inc. is a designs, manufactures and supplies proven, cost-effective alternative fuel components and systems for transportation and industrial applications. Fuel Systems Solutions was founded in 1958 and is based in New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-28 Stako

Slupsk, Poland

Stako is a producer of automotive liquefied propane gas (LPG) tanks. Stako manufactures toroidal and cylindrical LPG tanks for storage of liquid gas propane-butane mixture for engines in passenger cars and commercial and delivery vehicles. Stako was founded in 1967 and is based in Slupsk, Poland.

Buy €5M