M&A Deal Summary |
|
|---|---|
| Date | 1997-06-06 |
| Target | Dunlop Cox |
| Sector | Automotive |
| Buyer(s) | Lear |
| Sellers(s) | Invensys |
| Deal Type | Divestiture |
| Deal Value | 36M GBP |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1917 |
| Sector | Automotive |
| Employees | 173,700 |
| Revenue | 23.3B USD (2024) |
Lear is a Tier 1 supplier to the global automotive industry. The Company's business spans all major automotive markets, and Lear supplies its products to every major automotive manufacturer in the world. Lear organizes its business in two global product segments including seating and electrical power management systems. The seating segment includes seat systems and related components, such as seat structures and mechanisms, seat covers, headrests and seat foam. The electrical segment includes electrical distribution systems that route electrical signals and manage electrical power within a vehicle for both traditional powertrain vehicles, as well as for hybrid and electric vehicles. Lear was formed in 1917 and is based in Southfield, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 24 |
| Sector: Automotive M&A | 5 of 14 |
| Type: Divestiture M&A Deals | 2 of 6 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 1997 M&A | 2 of 2 |
| Size (of disclosed) | 10 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1997-05-27 |
Keiper Car Seating & Co.
Germany Keiper Car Seating GmbH & Co. is a producer and supplies automotive vehicle seat systems on a just-in-time basis, for markets in Germany, Brazil, Italy and South Africa. |
Buy | $235M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-04-09 |
Strapazzini Resine S.r.L.
Pesaro, Italy Strapazzini Resine S.r.L. is a manufacturer of instrument panels, door panels, sunshades, consoles, and pillar trim at two Italian facilities. |
Buy | - |
Invensys is a global technology company that serves a range of industrial and commercial customers. Invensys designs and supplies advanced technologies to optimise operational performance and profitability. The Company operates through four primary segments. These include, Software, Industrial Automation, Energy Controls and Appliance.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 12 |
| Sector: Automotive M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 11 |
| Country: United Kingdom M&A | 1 of 3 |
| Year: 1997 M&A | 1 of 1 |
| Size (of disclosed) | 6 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-01-01 |
Siebe
London, United Kingdom Siebe plc is a diversified company. Siebe businesses are engineering, packaging, materials, building products and polymers. |
Buy | - |
