M&A Deal Summary

Carter Fuel Systems Acquires Federal-Mogul - Fuel Systems

On September 30, 2013, Carter Fuel Systems acquired oil/gas exploration company Federal-Mogul - Fuel Systems from Federal-Mogul Holdings

Acquisition Highlights
  • This is Carter Fuel Systems’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Carter Fuel Systems’ 1st transaction in the United States.
  • This is Carter Fuel Systems’ 1st transaction in Indiana.

M&A Deal Summary

Date 2013-09-30
Target Federal-Mogul - Fuel Systems
Sector Oil/Gas Exploration
Buyer(s) Carter Fuel Systems
Sellers(s) Federal-Mogul Holdings
Deal Type Divestiture

Target

Federal-Mogul - Fuel Systems

Logansport, Indiana, United States
Federal-Mogul - Fuel Systems Based in Logansport, Indiana, the fuel systems business (the “Business”) is a manufacturer and distributor of high quality fuel system assemblies and components for a broad array of vehicular applications.

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Buyer(S) 1

Buyer

Carter Fuel Systems

Logansport, Indiana, United States

Category Company
Sector Automotive
DESCRIPTION

Carter Fuel Systems LLC, a U.S.-based manufacturer of original equipment and replacement fuel system products, has introduced more than 120 new “Carter Complete” fuel module assemblies, electrical fuel pump sets, pump-and-hanger assemblies and other premium-quality products for millions of late-model foreign nameplate and domestic passenger vehicles.


DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Indiana M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

SELLER

Federal-Mogul Holdings

Southfield, Michigan, United States

Category Company
Founded 1899
Sector Automotive
Employees53,700
Revenue 7.4B USD (2015)
DESCRIPTION
Federal-Mogul Holdings' corporate headquarters in Southfield, Michigan.
Federal-Mogul Holdings' corporate headquarters in Southfield, Michigan.

Federal-Mogul Holdings Corp. is an innovative and diversified global supplier of quality products, trusted brands and creative solutions to manufacturers of automotive, light commercial, heavy-duty and off-highway vehicles, as well as in power generation, aerospace, marine, rail and industrial. Federal-Mogul Holdings Corp. was originally established in 1899 and is based in Southfield, Michigan.


DEAL STATS #
Overall 3 of 3
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 3 of 3
State: Indiana M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2013 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-28 Federal Mogul Camshaft Castings

Lydney, United Kingdom

Federal Mogul Camshaft Castings Ltd. is a manufacturer of chilled camshaft castings for automotive, heavy-duty and motorcycle OEMs.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-15 Friction Materials

Morristown, New Jersey, United States

Friction Materials LLC is a manufacturer and selelr of disc brake pads and shoes.

Buy -