M&A Deal Summary |
|
|---|---|
| Date | 2019-11-20 |
| Target | Wipac Czech s.r.o. |
| Sector | Automotive |
| Buyer(s) | MAGNA |
| Sellers(s) | Carclo |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1957 |
| Sector | Automotive |
| Employees | 164,000 |
| Revenue | 42.8B USD (2024) |
MAGNA is a diversified automotive supplier. Magna designs, develops and manufactures automotive systems, assemblies, modules and components, as well as engineers and assembles complete vehicles, primarily for sale to original equipment manufacturers (OEMs) of cars and light trucks. Magna was formed in 1957 and is based in Aurora, Ontario. MAGNA was founded in 1957 and is based in Aurora, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 22 |
| Sector: Automotive M&A | 15 of 16 |
| Type: Divestiture M&A Deals | 6 of 7 |
| Country: Czech Republic M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-18 |
VIZA Geca SL
Spain VIZA Geca SL is a provider of patented floor-latch systems and foldable seats. VIZA Geca is based in Spain. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-11 |
Optimus Ride
Boston, Massachusetts, United States Optimus Ride is a self-driving vehicle company. It designs technologies to enable efficient, sustainable, and equitable mobility systems and solutions. Optimus Ride was founded in 2015 and is based in Boston, Massachusetts. |
Buy | - |
Carclo is a global supplier of technical plastics products. Carclo’s strategy is to develop new technologies and products to drive future growth on a global scale. Company technical plastics business manufacture fine tolerance moulded plastic components which are used in medical and electronics products. Carclo was founded in 1924 and is headquartered in Ossett, England.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Automotive M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Czech Republic M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-30 |
Wipac Czech s.r.o.
Ostrava, Czech Republic Wipac Czech s.r.o. is an independent automotive design company based in Ostrava, Czech Republic and employs 35 designers, electronics and CAD engineers solely focussed on automotive LED lighting design. Wipac Czech is based in Ostrava, Czech Republic. |
Buy | Kč43M |
