M&A Deal Summary |
|
|---|---|
| Date | 2022-08-01 |
| Target | Alfmeier - Automotive Business |
| Sector | Automotive |
| Buyer(s) | Gentherm |
| Sellers(s) | Alfmeier Präzision AG |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1991 |
| Sector | Automotive |
| Employees | 14,246 |
| Revenue | 1.5B USD (2024) |
Gentherm develops, manufactures and markets proprietary high-technology products for the automotive and consumer products industries. Gentherm's products include the climate control seat which enhances individual driver and passenger comfort. Gentherm was formed in 1991 and is based in Northville, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Automotive M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Germany M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-11-01 |
Etratech Enterprises
Burlington, Ontario, Canada Etratech Enterprises, Inc. is a designer and manufacturer of custom electronic and electromechanical control systems, offering high-quality, low-cost solutions to multinational clients in the automotive, appliance, HVAC, recreational vehicle (RV), and marine industries. Etratech Enterprises, Inc. was established in 1989 and is based in Burlington, Ontario. |
Buy | $64M |
| Category | Company |
|---|---|
| Sector | Automotive |
| Employees | 2,000 |
| Revenue | 197M EUR (2011) |
The ALFMEIER Group is a manufacturer of components and system solutions for automotive applications, medical technology, industrial technology and communications engineering and environmental services, and offers service in the development and testing.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Automotive M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Germany M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |