Add-on Acquisition • Automotive

Fuel Systems Solutions Acquires Alternative Fuel Systems

On April 4, 2011, Fuel Systems Solutions acquired automotive company Alternative Fuel Systems

Acquisition Context
  • This is Fuel Systems Solutions’ 1st transaction in the Automotive sector.
  • This is Fuel Systems Solutions’ 1st transaction in Canada.
  • This is Fuel Systems Solutions’ 1st transaction in Alberta.

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M&A Deal Summary

Date April 4, 2011
Target Alternative Fuel Systems
Sector Automotive
Buyer(s) Fuel Systems Solutions
Deal Type Add-on Acquisition

Target Company

Alternative Fuel Systems

Calgary, Alberta, Canada
Alternative Fuel Systems (2004), Inc. designs, develops and produces core components for the international automotive sector, specializing in the alternative fuel marketplace.
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Buyer Overview 1

Buyer

Fuel Systems Solutions

New York, New York, United States

Category Company
Founded 1958
Sector Automotive
Employees1,500
Revenue 263M USD (2015)
DESCRIPTION

Fuel Systems Solutions, Inc. is a designs, manufactures and supplies proven, cost-effective alternative fuel components and systems for transportation and industrial applications. Fuel Systems Solutions was founded in 1958 and is based in New York.


Deal Context for Buyer #
Overall 3 of 4
Sector: Automotive 1 of 1
Type: Add-on Acquisition 2 of 2
State: Alberta 1 of 1
Country: Canada 1 of 1
Year: 2011 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-20 Teleflex-Power Systems Business

United States

Power Systems Business, a industrial and transportation alternative fuel components and systems and auxiliary power systems.

Buy $15M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-17 Dresser Italia S.r.l. - Dresser Natural Gas Compression Systems

Italy

Dresser Italia S.r.l. - Dresser Natural Gas Compression Systems is a designer, manufacturer and supplier of proven, cost-effective alternative fuel components and systems for oil and gas industry.

Buy -