M&A Deal Summary |
|
|---|---|
| Date | 2018-12-07 |
| Target | Tower International - European Operations |
| Sector | Automotive |
| Buyer(s) | Financiere SNOP Dunois S.A. |
| Sellers(s) | Tower International |
| Deal Type | Divestiture |
| Deal Value | 255M EUR |
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Financiere SNOP Dunois S.A. is an automotive company focused on design and manufacturing of body in white, interior, and engine compartment parts; design and production of press dies; and design and production of automatic presses.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Automotive) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Belgium) | 1 of 1 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1993 |
| Sector | Automotive |
| Employees | 5,700 |
| Revenue | 1.6B USD (2018) |
Tower International, Inc. is an independent supplier of automotive metal structural components and assemblies. Tower serves virtually every major automotive vehicle manufacturer, providing a broad range of metal structures from stampings to complex body and frame assemblies. Tower International, Inc. was founded in 1993 and is based in Livonia, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Automotive) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Belgium) | 1 of 1 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-04-11 |
W Industries
Detroit, Michigan, United States
|
Buy | - |
