Add-on Acquisition • Automotive

Dura Acquires Excel Industries

On January 20, 1999, Dura acquired automotive company Excel Industries for 476M USD

Acquisition Context
  • This is Dura’s 1st transaction in the Automotive sector.
  • This is Dura’s largest (disclosed) transaction.
  • This is Dura’s 1st transaction in the United States.
  • This is Dura’s 1st transaction in Indiana.

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M&A Deal Summary

Date January 20, 1999
Target Excel Industries
Sector Automotive
Buyer(s) Dura
Deal Type Add-on Acquisition
Deal Value 476M USD

Target Company

Excel Industries

Elkhart, Indiana, United States
Excel Industries, Inc. is a producer of automobile window assemblies.
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Buyer Overview 1

Buyer

Dura

Auburn Hills, Michigan, United States

Category Company
Founded 1990
Sector Automotive
DESCRIPTION

Dura is a designer and manufacturer of driver control systems, seating control systems, glass systems, engineered assemblies, structural door modules and exterior trim systems for the global automotive industry. Dura was founded in 1990 and is based in Auburn Hills, Michigan.


Deal Context for Buyer #
Overall 1 of 1
Sector: Automotive 1 of 1
Type: Add-on Acquisition 1 of 1
State: Indiana 1 of 1
Country: United States 1 of 1
Year: 1999 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-04 Atwood Mobile Products

Elkhart, Indiana, United States

Atwood Mobile Products, is a provider of gas appliances, windows, doors, electronics and hardware to the Recreational Vehicle (RV) industry.

Sell $160M