M&A Deal Summary

Meritor Acquires Trucktechnic S.A.

On July 3, 2008, Meritor acquired automotive company Trucktechnic S.A.

Acquisition Highlights
  • This is Meritor’s 5th transaction in the Automotive sector.
  • This is Meritor’s 1st transaction in Belgium.

M&A Deal Summary

Date 2008-07-03
Target Trucktechnic S.A.
Sector Automotive
Buyer(s) Meritor
Deal Type Add-on Acquisition

Target

Trucktechnic S.A.

Herstal, Belgium
Trucktechnic S.A. is a major remanufacturer and distributor of commercial vehicle disc and foundation brakes and components, based in Liege, Belgium. Trucktechnic has an established reputation for quality, reliability, and outstanding service among its customer base in Western and Eastern Europe, as well as Africa and South America.

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Buyer(S) 1

Buyer

Meritor

Troy, Michigan, United States

Category Company
Founded 1909
Sector Automotive
Employees8,600
Revenue 3.0B USD (2020)
DESCRIPTION
Meritor's corporate headquarters in Troy, Michigan.
Meritor's corporate headquarters in Troy, Michigan.

Meritor is a global supplier of a broad range of integrated systems, modules, and components to original equipment manufacturers and the aftermarket for the commercial vehicle, transportation, and industrial sectors. Meritor was formed in 1909 and is based in Troy, Michigan.


DEAL STATS #
Overall 6 of 11
Sector: Automotive M&A 5 of 7
Type: Add-on Acquisition M&A Deals 4 of 8
Country: Belgium M&A 1 of 1
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-11 Mascot Industries

Mississauga, Ontario, Canada

Mascot Truck Parts Ltd is a remanufacturer of transmissions, drive axle carriers, steering gears and drivelines, based in Mississauga, Ontario, Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-21 ArvinMeritor - Steel Wheel Business

Brazil

ArvinMeritor - Steel Wheel Business engages in the manufacturing of automobile steel wheels and is located in Brazil.

Sell $180M