M&A Deal Summary

GKN Acquires Velcon SA de CV

On February 1, 2005, GKN acquired automotive company Velcon SA de CV

Acquisition Highlights
  • This is GKN’s 2nd transaction in the Automotive sector.
  • This is GKN’s 1st transaction in Mexico.

M&A Deal Summary

Date 2005-02-01
Target Velcon SA de CV
Sector Automotive
Buyer(s) GKN
Deal Type Add-on Acquisition

Target

Velcon SA de CV

Celaya, Mexico
Velcon SA de CV engages in the design, building, and supply of driveline components and systems for the automotive industry.

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Buyer(S) 1

Buyer

GKN

Redditch, United Kingdom

Category Company
Sector Engineering
Employees51,400
Revenue 9.7B GBP (2017)
DESCRIPTION

GKN is a global engineering company. Known for its expertise in advanced manufacturing, GKN specializes in designing, manufacturing, and supplying innovative components and systems for the automotive, aerospace, and industrial markets. Its extensive product portfolio includes driveline technologies, electric drivetrains, lightweight structures, aerospace systems, and power management solutions. GKN is based in Redditch, United Kingdom.


DEAL STATS #
Overall 5 of 20
Sector: Automotive M&A 2 of 7
Type: Add-on Acquisition M&A Deals 4 of 12
Country: Mexico M&A 1 of 1
Year: 2005 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-09-01 Walterscheid Rohrverbindungstechnik

London, United Kingdom

Walterscheid Rohrverbindungstechnik GmbH is an automotive and aerospace supplier.

Sell $48M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-18 Lakin Manufacturing - QDS Henschen Business

Jackson Center, Ohio, United States

Lakin Manufacturing - QDS Henschen Business is a business based in the United States of America engaged in the design and manufacture of hubs, spindles and axles primarily for off-highway applicationsand springs.

Buy £6M