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  5. LMG Manufacturing Acquires Pressmetall

M&A Deal Summary

LMG Manufacturing Acquires Pressmetall

On October 5, 2020, LMG Manufacturing acquired automotive company Pressmetall

Acquisition Highlights
  • This is LMG Manufacturing’s 1st transaction in the Automotive sector.
  • This is LMG Manufacturing’s 1st transaction in Germany.

M&A Deal Summary
Date 2020-10-05
Target Pressmetall
Sector Automotive
Buyer(s) LMG Manufacturing
Deal Type Special Situations/Distressed

Target

Pressmetall

Gunzenhausen, Germany
Pressmetall is an aluminum die caster for the automotive supply industry. Customers include large German OEMs and Tier 1 companies. Pressmetall already manufactures aluminum die cast products for electric and hybrid vehicles in relevant sizes. Pressmetall was founded in 1962 and is based in Gunzenhausen, Germany.

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Buyer(S) 1

Buyer

LMG Manufacturing

Seeland, Germany
Category Company
Sector Automotive
DESCRIPTION

LMG Manufacturing specializes in developing and manufacturing rough castings, tools, molds, surface treatments and many other products and services. LMG Manufacturing is based in Seeland, Germany.

DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Special Situations/Distressed M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2020 M&A 1 of 1
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