M&A Deal Summary

Leggett & Platt Acquires Crown North America

On May 5, 2000, Leggett & Platt acquired automotive company Crown North America

Acquisition Highlights
  • This is Leggett & Platt’s 1st transaction in the Automotive sector.
  • This is Leggett & Platt’s 1st transaction in Canada.
  • This is Leggett & Platt’s 1st transaction in Ontario.

M&A Deal Summary
Date 2000-05-05
Target Crown North America
Sector Automotive
Buyer(s) Leggett & Platt
Deal Type Add-on Acquisition

Target

Crown North America

Oakville, Ontario, Canada
Crown North America, an integrator of vehicle components for automotive OEMs and fleets, including programs and installation of fleet-specific components.

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Buyer(S) 1

Buyer

Leggett & Platt

Carthage, Missouri, United States
Category Company
Founded 1883
Sector Manufacturing
Employees19,300
Revenue 4.7B USD (2023)
DESCRIPTION
Entrance to Leggett & Platt's corporate headquarters in Carthage, Missouri.
Entrance to Leggett & Platt's corporate headquarters in Carthage, Missouri.

Leggett & Platt is a diversified manufacturer that conceives, designs and produces a wide range of engineered components and products found in many homes, offices, retail stores, automobiles and commercial aircraft. The Company's residential furnishing's segment supplies a variety of components used by bedding and upholstered furniture manufacturers in the assembly of their finished products. The Company's commercial fixtures and components group designs, produces, installs and manages our customers’ store fixtures projects as well as designs, manufactures, and distributes a wide range of engineered components and products primarily for the office seating market. The Company's industrial materials segment manufactures a variety of wires and tubing products. The Company's specialized product segment designs, produces and sells components for automotive seating, specialized machinery and equipment, and service van interiors. Leggett & Platt was formed in 1883 and is based in Carthage, Missouri.

DEAL STATS #
Overall 9 of 30
Sector (Automotive) 1 of 3
Type (Add-on Acquisition) 9 of 29
State (Ontario) 1 of 4
Country (Canada) 1 of 4
Year (2000) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-01 Edmund Bell

Rochdale, United Kingdom

Edmund Bell & Co., Ltd., an sourcing and manufacturing high quality products in the soft furnishings market. We offer widest selections of high end curtain linings plus an edge collection of fire retardant fabrics and interlinings that include decorative blackout fabrics, dim-out fabrics and fashionable prints for both the home and contract markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-05-08 Schukra of North America

Windsor, Ontario, Canada

Schukra of North America Ltd., provides individually and infinitely adjustable lumbar support systems for various seat and backrest applications. Schukra lumbar supports are used worldwide in Automotive, Aircraft, Furniture, Agriculture and many other special applications.

Buy -
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