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.

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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 M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 3
State: Michigan M&A 1 of 1
Country: United States M&A 2 of 3
Year: 1987 M&A 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 is a manufacturer of business‑jet aircraft, offering a wide range of long‑ and ultra‑long‑range jets for corporate, government, and private use. The company handles everything from design and manufacturing to global support and maintenance services, acting as a one‑stop partner for high‑performance aviation needs. Its product line includes advanced models such as the G500, G600, G700, and G800, supported by an international network of service centers and a global customer‑support portal. Gulfstream Aerospace 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 is a manufacturer of business‑jet aircraft, offering a wide range of long‑ and ultra‑long‑range jets for corporate, government, and private use. The company handles everything from design and manufacturing to global support and maintenance services, acting as a one‑stop partner for high‑performance aviation needs. Its product line includes advanced models such as the G500, G600, G700, and G800, supported by an international network of service centers and a global customer‑support portal. Gulfstream Aerospace was formed in 1958 and is based in Savannah, Georgia.

Sell $825M