Add-on Acquisition • Automotive

Johnson Controls Acquires C. Rob. Hammerstein & Co. KG

On February 1, 2011, Johnson Controls acquired automotive company C. Rob. Hammerstein & Co. KG

Acquisition Context
  • This is Johnson Controls’ 2nd transaction in the Automotive sector.
  • This is Johnson Controls’ 2nd transaction in Germany.

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M&A Deal Summary

Date February 1, 2011
Target C. Rob. Hammerstein & Co. KG
Sector Automotive
Buyer(s) Johnson Controls
Deal Type Add-on Acquisition

Target Company

C. Rob. Hammerstein & Co. KG

Solingen, Germany
C. Rob. Hammerstein Group, is a global supplier of high-quality metal seat structures, components and mechanisms based in Solingen, Germany.
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Buyer Overview 1

Buyer

Johnson Controls

Cork, Ireland

Category Company
Founded 1885
Sector Diversified
Employees94,000
Revenue 23.0B USD (2024)
DESCRIPTION
Johnson Controls' operational headquarters in Milwaukee, Wisconsin.
Johnson Controls' operational headquarters in Milwaukee, Wisconsin.

Johnson Controls is a diversified technology and industrial company that creates products, services, and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and seating and interior systems for automobiles. Johnson Controls was founded in 1885 and is based in Cork, Ireland.


Deal Context for Buyer #
Overall 12 of 33
Sector: Automotive 2 of 4
Type: Add-on Acquisition 11 of 28
Country: Germany 2 of 3
Year: 2011 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-01 Michel Thierry SA

Laroque D'olmes, France

Michel Thierry SA is a manufacturer of automotive fabrics, leathers, and covers. The company’s products include warps and wefts, velvets, knits, tricots, and plaits.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-20 Keiper Recaro Group - Automotive Business

Germany

Keiper engaged in recliner system technology and is renowned for its engineering and manufacturing expertise in metals and mechanisms for automobile seats. The company also produces complete seats for commercial trucks. Recaro Automotive offers complete seats for automakers and as aftermarket equipment.

Buy -