M&A Deal Summary

iSi Automotive Acquires Delphi - European Airbag Activities

On August 31, 2009, iSi Automotive acquired automotive company Delphi - European Airbag Activities from The Delphi

Acquisition Highlights
  • This is iSi Automotive’s 1st transaction in the Automotive sector.
  • This is iSi Automotive’s 1st transaction in the United States.
  • This is iSi Automotive’s 1st transaction in Michigan.

M&A Deal Summary

Date 2009-08-31
Target Delphi - European Airbag Activities
Sector Automotive
Buyer(s) iSi Automotive
Sellers(s) The Delphi
Deal Type Divestiture

Target

Delphi - European Airbag Activities

Troy, Michigan, United States
Delphi - European Airbag Activities is a supplier of the full range of side, cranium and knee impact airbags.

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Buyer(S) 1

Buyer

iSi Automotive

Vienna, Austria

Category Company
Founded 1995
Sector Automotive
DESCRIPTION

iSi Automotive develops, manufactures and sells gas tanks and generators with contaminant-free cold gas technology for use in vehicle airbags and for other safety-related applications as well as complete airbag modules for side, knee and cranial impact airbags.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1

Seller(S) 1

SELLER

The Delphi

Toronto, Ontario, Canada

Category Company
Founded 1986
Sector Business Services
DESCRIPTION

The Delphi Corp. provides consulting services in US.


DEAL STATS #
Overall 2 of 2
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Michigan M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2009 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-13 Delphi - Power Products

United States

Delphi - Power Products business designs and assembles advanced motion control and closure systems used in power sliding door (PSD) and power liftgate (PLG) applications.

Sell -