M&A Deal Summary

Compass Automotive Group Acquires Citation - Aluminum Die Casting & Machining Operations

On March 16, 2009, Compass Automotive Group acquired metals/mining company Citation - Aluminum Die Casting & Machining Operations from Citation

Acquisition Highlights
  • This is Compass Automotive Group’s 1st transaction in the Metals/Mining sector.
  • This is Compass Automotive Group’s 1st transaction in the United States.

M&A Deal Summary

Date 2009-03-16
Target Citation - Aluminum Die Casting & Machining Operations
Sector Metals/Mining
Buyer(s) Compass Automotive Group
Sellers(s) Citation
Deal Type Divestiture

Target

Citation - Aluminum Die Casting & Machining Operations

United States
Citation - Aluminum Die Casting & Machining Operations engages in manufacturing of aluminum die castings and offer machining services.

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Buyer(S) 1

Buyer

Compass Automotive Group

Farmington Hills, Michigan, United States

Category Company
Founded 2007
Sector Automotive
DESCRIPTION

Compass Automotive Group, LLC is a designer and manufacturer of aluminum chassis and suspension components for the North American automotive industry.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1

Seller(S) 1

SELLER

Citation

Novi, Michigan, United States

Category Company
Founded 1974
Sector Metals/Mining
Employees6,876
DESCRIPTION

Citation Corp. a diversified foundry, designs, develops, manufactures, and sells cast, machined, and assembled components for transportation and industrial markets in North America and Europe.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-01-01 Amcast Precison Products

United States

Amcast Precision Products, Inc. is a manufacturer of aerospace investment castings.

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