Divestiture • Manufacturing

Motus Integrated Technologies Acquires Janesville Fiber Solutions

On August 12, 2019, Motus Integrated Technologies acquired manufacturer Janesville Fiber Solutions from Jason

Acquisition Context
  • This is Motus Integrated Technologies’ 1st transaction in the Manufacturing sector.
  • This is Motus Integrated Technologies’ 2nd transaction in the United States.
  • This is Motus Integrated Technologies’ 2nd transaction in Michigan.

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M&A Deal Summary

Date August 12, 2019
Target Janesville Fiber Solutions
Sector Manufacturing
Buyer(s) Motus Integrated Technologies
Sellers(s) Jason
Deal Type Divestiture

Target Company

Janesville Fiber Solutions

Southfield, Michigan, United States
Janesville Fiber Solutions is a producer of acoustical and thermal fiber insulation for a variety of automotive applications. Janesville Fiber Solutions was founded in 1874 and is based in Southfield, Michigan.
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Buyer Overview 1

Buyer

Motus Integrated Technologies

Holland, Michigan, United States

Category Company
Founded 2014
Sector Automotive
DESCRIPTION

Motus Integrated Technologies is a manufacturer of interior components and acoustic solutions for the automotive industry. The Company designs and produces headliners, door and console trim, and acoustic insulation products for global automotive OEMs. Motus Integrated Technologies was founded in 2014 and is headquartered in Holland, Michigan.


Deal Context for Buyer #
Overall 2 of 2
Sector: Manufacturing 1 of 1
Type: Divestiture 2 of 2
State: Michigan 2 of 2
Country: United States 2 of 2
Year: 2019 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-02 Leon Automotive Interiors

Livonia, Michigan, United States

Leon Automotive Interiors is a premier supplier of highly engineered, decorative soft-trim interior components, including door and console armrests, instrument panel trim, interior handles and other decorative interior components.

Buy -

Seller Profile 1

SELLER

Jason

Milwaukee, Wisconsin, United States

Category Company
Founded 1887
Sector Manufacturing
Employees3,600
Revenue 338M USD (2019)
DESCRIPTION

Jason is a manufacturer of seating, finishing, components, and automotive acoustic products. Jason was founded in 1887 and is based in Milwaukee, Wisconsin.


Deal Context for Seller #
Overall 1 of 2
Sector: Manufacturing 1 of 1
Type: Divestiture 1 of 2
State: Michigan 1 of 1
Country: United States 1 of 2
Year: 2019 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Schaffner Manufacturing Co.

Pittsburgh, Pennsylvania, United States

Schaffner Manufacturing Co., Inc. is a manufacturer of high-quality polishing and finishing products. Schaffner develops products for specialized applications including flap wheels, buffing wheels, and buffing compounds. Schaffner Manufacturing Co., Inc. was founded in 1949 and is based in Pittsburgh, Pennsylvania.

Buy $11M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-13 Metalex

Libertyville, Illinois, United States

Metalex is a producer of industrial safety grating, expanded metal, perforated metal, welded, and spiral tubes. Metalex was founded in 1962 and is based in Libertyville, Illinois.

Sell $5M