M&A Deal Summary

hGears Acquires mG miniGears

On February 5, 2015, hGears acquired automotive company mG miniGears

Acquisition Highlights
  • This is hGears’ 1st transaction in the Automotive sector.
  • This is hGears’ 1st transaction in Italy.

M&A Deal Summary

Date 2015-02-05
Target mG miniGears
Sector Automotive
Buyer(s) hGears
Deal Type Merger

Target

mG miniGears

Padua, Italy
mG miniGears SpA is a manufacturer of gears for automotive, gardening, and power tools.

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Buyer(S) 1

Buyer

hGears

Schramberg, Germany

Category Company
Founded 1958
Sector Manufacturing
DESCRIPTION

hGears is a provider in the development, production, and marketing of small- to medium-sized series volumes of gear wheels and gearboxes mainly for the power tool, outdoor equipment, automotive and material handling technology. hGears was founded in 1958 and is based in Schramberg Germany.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2015 M&A 1 of 1