M&A Deal Summary

Chrysler Group Acquires American Motors

On March 9, 1987, Chrysler Group acquired automotive company American Motors for 1.5B USD

Acquisition Highlights
  • This is Chrysler Group’s 1st transaction in the Automotive sector.
  • This is Chrysler Group’s largest (disclosed) transaction.
  • This is Chrysler Group’s 2nd transaction in the United States.
  • This is Chrysler Group’s 1st transaction in Michigan.

M&A Deal Summary
Date 1987-03-09
Target American Motors
Sector Automotive
Buyer(s) Chrysler Group
Deal Type Add-on Acquisition
Deal Value 1.5B USD

Target

American Motors

Southfield, Michigan, United States
American Motors Corporation is an auto manufacturer most known for producing the Jeep line-up of vehicles.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Chrysler Group

Auburn Hills, Michigan, United States
Category Company
Sector Automotive
DESCRIPTION

Chrysler Group LLC is an American automobile manufacturer headquartered in Auburn Hills, Michigan. It is a wholly owned subsidiary of the Italian multinational Fiat S.p.A.

DEAL STATS #
Overall 2 of 3
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Michigan) 1 of 1
Country (United States) 2 of 3
Year (1987) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1985-06-19 Gulfstream Aerospace

Savannah, Georgia, United States

Gulfstream Aerospace designs, develops, and manufactures business-jet aircraft. Gulfstream was formed in 1958 and is based in Savannah, Georgia.

Buy $646M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1990-02-14 Gulfstream Aerospace

Savannah, Georgia, United States

Gulfstream Aerospace designs, develops, and manufactures business-jet aircraft. Gulfstream was formed in 1958 and is based in Savannah, Georgia.

Sell $825M
Mergr

Product

Company

Legal