M&A Deal Summary

Inteva Products Acquires ArvinMeritor Body Systems

On January 3, 2011, Inteva Products acquired automotive company ArvinMeritor Body Systems from Meritor for 27M USD

Acquisition Highlights
  • This is Inteva Products’ 1st transaction in the Automotive sector.
  • This is Inteva Products’ largest (disclosed) transaction.
  • This is Inteva Products’ 1st transaction in the United States.

M&A Deal Summary

Date 2011-01-03
Target ArvinMeritor Body Systems
Sector Automotive
Buyer(s) Inteva Products
Sellers(s) Meritor
Deal Type Divestiture
Deal Value 27M USD

Target

ArvinMeritor Body Systems

United States
ArvinMeritor Body Systems' is a manufacturer of body systems components such as door systems and latches.

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Buyer(S) 1

Buyer

Inteva Products

Troy, Michigan, United States

Category Company
Sector Automotive
DESCRIPTION

Inteva Products is a supplier of interior systems, closure systems, roof systems, and motors and electronics for leading OEMs around the globe. Inteva Products is based in Troy, Michigan.


DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Meritor

Troy, Michigan, United States

Category Company
Founded 1909
Sector Automotive
Employees8,600
Revenue 3.0B USD (2020)
DESCRIPTION
Meritor's corporate headquarters in Troy, Michigan.
Meritor's corporate headquarters in Troy, Michigan.

Meritor is a global supplier of a broad range of integrated systems, modules, and components to original equipment manufacturers and the aftermarket for the commercial vehicle, transportation, and industrial sectors. Meritor was formed in 1909 and is based in Troy, Michigan.


DEAL STATS #
Overall 11 of 13
Sector (Automotive) 9 of 11
Type (Divestiture) 10 of 11
Country (United States) 9 of 9
Year (2011) 1 of 1
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-30 Meritor Suspension Systems

Troy, Michigan, United States

Meritor Suspension Systems Co. Inc. produces steel torsion and stabilizer bars and coil springs for the passenger car and light truck markets. The company was founded in 1986 and is based in Troy, Michigan.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-02 Meritor - Axle Operation

Saint Priest, France

Meritor - Axle Operation, comprises axle auto component manufacturing facility.

Sell -