M&A Deal Summary |
|
|---|---|
| Date | 2017-10-02 |
| Target | Cottman Transmission Systems |
| Sector | Franchising |
| Buyer(s) | Icahn Enterprises |
| Sellers(s) | Citizens Rx |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1987 |
| Sector | Diversified |
| Employees | 15,037 |
| Revenue | 9.9B USD (2024) |
Icahn Enterprises is a diversified holding company engaged in nine primary business segments: Investment, Automotive, Energy, Metals, Railcar, Gaming, Food Packaging, Real Estate and Home Fashion. Icahn Enterprises was founded in 1987 and is based in Sunny Isles Beach, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 7 |
| Sector: Franchising M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: Pennsylvania M&A | 2 of 3 |
| Country: United States M&A | 6 of 7 |
| Year: 2017 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-05 |
Beck/Arnley Worldparts
Smyrna, Tennessee, United States Beck/Arnley Worldparts, Inc. is a automotive parts distribution services. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-05 |
American Driveline Systems
Horsham, Pennsylvania, United States American Driveline Systems, Inc. is the franchisor of AAMCO and Cottman Transmission & Total Auto Care brands. AAMCO and Cottman are the #1 and #2 transmission repair retail chains in North America, respectively, with nearly 700 franchised units in 47 states and three provinces with more than 60 percent brand awareness. The Company is also a remanufacturer of transmissions and related parts through its Global Powertrain Systems (“GPS”) division, which provides franchisees a reliable and price competitive solution for their transmission needs. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2009 |
| Sector | Business Services |
Citizens Rx is a provider of pharmacy benefit management services, including formulary management, claims processing, and rebate administration. Citizens Rx was founded in 2009 and is based in Oak Park, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Franchising M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Pennsylvania M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-03-08 |
Cottman Transmission Systems
Horsham, Pennsylvania, United States Cottman Transmission Systems, Inc. is a franchiser of automotive transmission centers that repair, re manufacture and service transmissions and related components. |
Buy | - |
