M&A Deal Summary |
|
|---|---|
| Date | 2009-09-21 |
| Target | ArvinMeritor - Steel Wheel Business |
| Sector | Automotive |
| Buyer(s) | Iochpe-Maxion S.A. |
| Sellers(s) | Meritor |
| Deal Type | Divestiture |
| Deal Value | 180M USD |
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| Category | Company |
|---|---|
| Founded | 1918 |
| Sector | Automotive |
| Employees | 17,000 |
Iochpe-Maxion is a manufacturer of wheels and frames for commercial vehicles and railway freight cars and castings, with a relevant market share in each of these segments. It also has important international business, with production centers in Brazil, Mexico, and China, and sales to over 40 countries on all continents, the highlight being the markets in the United States and Latin America.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Automotive M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 2 |
| Country: Brazil M&A | 1 of 1 |
| Year: 2009 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-23 |
Ingeniería y Maquinaria de Guadalupe S.A. de C.V.
Castanos, Mexico Ingeniería y Maquinaria de Guadalupe, S.A. de C.V. manufactures railway metal frames in mexico. |
Buy | $195M |
| Category | Company |
|---|---|
| Founded | 1909 |
| Sector | Automotive |
| Employees | 8,600 |
| Revenue | 3.0B USD (2020) |
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 | 9 of 13 |
| Sector: Automotive M&A | 7 of 11 |
| Type: Divestiture M&A Deals | 9 of 11 |
| Country: Brazil M&A | 1 of 1 |
| Year: 2009 M&A | 1 of 2 |
| Size (of disclosed) | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-07-03 |
Trucktechnic S.A.
Herstal, Belgium Trucktechnic S.A. is a major remanufacturer and distributor of commercial vehicle disc and foundation brakes and components, based in Liege, Belgium. Trucktechnic has an established reputation for quality, reliability, and outstanding service among its customer base in Western and Eastern Europe, as well as Africa and South America. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-10-30 |
Meritor Suspension Systems Co.
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 | - |
