M&A Deal Summary

Evtec Acquires JVM Castings

On January 24, 2024, Evtec acquired automotive company JVM Castings

Acquisition Highlights
  • This is Evtec’s 1st transaction in the Automotive sector.
  • This is Evtec’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2024-01-24
Target JVM Castings
Sector Automotive
Buyer(s) Evtec
Deal Type Add-on Acquisition

Target

JVM Castings

Worcester, United Kingdom
JVM Castings is a manufacturer for the entire automotive industry from personal cars to commercial trucks. JVM Castings was founded in 1929 and is based in Worcester, United Kingdom.

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Buyer(S) 1

Buyer

Evtec

Coventry, United Kingdom

Category Company
Sector Automotive
DESCRIPTION

Evtec is a business group providing complete assemblies and complex engineered components to auto manufacturers, simplifying sourcing, saving time on procurement, and increasing production efficiency. Evtec is based in Coventry, England.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2024 M&A 1 of 1