M&A Deal Summary |
|
|---|---|
| Date | 2012-01-23 |
| Target | Ingeniería y Maquinaria de Guadalupe S.A. de C.V. |
| Sector | Metals/Mining |
| Buyer(s) | Iochpe-Maxion S.A. |
| Sellers(s) | INMAGUSA |
| Deal Type | Divestiture |
| Deal Value | 195M USD |
SEARCH BY
Try For Free 7-Day Free Trial
| 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 | 2 of 2 |
| Sector (Metals/Mining) | 1 of 1 |
| Type (Divestiture) | 2 of 2 |
| Country (Mexico) | 1 of 1 |
| Year (2012) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-09-21 |
ArvinMeritor - Steel Wheel Business
Brazil ArvinMeritor - Steel Wheel Business engages in the manufacturing of automobile steel wheels and is located in Brazil. |
Buy | $180M |
Grupo Galaz, S.A. de C.V. is a manufacturer of steel frame rails and critical supplier to the largest OEM manufacturers of Class 6, 7 & 8 vehicles (trucks and buses) in North America, including Navistar International and Daimler Trucks North America (Freightliner).
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Metals/Mining) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Mexico) | 1 of 1 |
| Year (2012) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
