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Investment Summary

Mitsubishi Steel Invests In Meritor Suspension Systems Co.

On October 30, 2009, Mitsubishi Steel invested in automotive company Meritor Suspension Systems Co. from Meritor

Investment Highlights
  • This is Mitsubishi Steel’s 1st transaction in the Automotive sector.
  • This is Mitsubishi Steel’s 1st transaction in the United States.
  • This is Mitsubishi Steel’s 1st transaction in Michigan.

Investment Summary
Date 2009-10-30
Target Meritor Suspension Systems Co.
Sector Automotive
Investor(s) Mitsubishi Steel
Sellers(s) Meritor
Deal Type Stake Purchase

Target

Meritor Suspension Systems Co.

Troy, Michigan, United States
Meritor Suspension Systems Co. Inc. produces steel torsion and stabilizer bars and coil springs for the passenger car and light truck markets. The company was founded in 1986 and is based in Troy, Michigan.

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Investor(S) 1

Investor

Mitsubishi Steel

Tokyo, Japan
Category Company
Founded 1917
Sector Metals/Mining
Employees3,841
Revenue 159.6B JPY (2025)
DESCRIPTION

Mitsubishi Steel engages in the manufacture and sale of springs, fabricated materials, specialty steel products, and equipment. The Company operates in Hot-rolled special steel bars / Springs / Construction machinery parts / Automotive parts / Precision parts / Steel Castings / Magnetic materials / Alloy powders / Industrial Machinery. Mitsubishi Steel was founded in 1917 and is based in Tokyo, Japan.

DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1

Seller(S) 1

SELLER

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 10 of 13
Sector: Automotive M&A 8 of 11
Type: Stake Purchase M&A Deals 1 of 1
State: Michigan M&A 2 of 2
Country: United States M&A 8 of 9
Year: 2009 M&A 2 of 2
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-03 ArvinMeritor Body Systems

United States

ArvinMeritor Body Systems' is a manufacturer of body systems components such as door systems and latches.

Sell $27M
Mergr

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