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  5. Formel D Acquires CPS Quality

M&A Deal Summary

Formel D Acquires CPS Quality

On July 16, 2019, Formel D acquired business services company CPS Quality

Acquisition Highlights
  • This is Formel D’s 1st transaction in the Business Services sector.
  • This is Formel D’s 1st transaction in France.

M&A Deal Summary
Date 2019-07-16
Target CPS Quality
Sector Business Services
Buyer(s) Formel D
Deal Type Add-on Acquisition

Target

CPS Quality

Oyonnax, France
CPS Quality is a group specialising in outsourced quality control for companies in the automotive industry. CPS Quality was founded in 2004 and is based in Oyonnax, France.

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Buyer(S) 1

Buyer

Formel D

Cologne, Germany
Category Company
Founded 1993
Sector Automotive
Employees7,000
Revenue 130M EUR (2013)
DESCRIPTION

Formel D is a service provider to the automotive and component supply industry. The company develops concepts and scalable solutions for quality assurance and process optimisation along the entire automotive value chain - from development to production through to aftersales. Formel D was founded in 1993 and is based in Cologne, Germany.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2019 M&A 1 of 1
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