Add-on Acquisition • Automotive

Navistar International Acquires Maxion International Motores

On January 26, 2001, Navistar International acquired automotive company Maxion International Motores

Acquisition Context
  • This is Navistar International’s 1st transaction in the Automotive sector.
  • This is Navistar International’s 1st transaction in Brazil.

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M&A Deal Summary

Date January 26, 2001
Target Maxion International Motores
Sector Automotive
Buyer(s) Navistar International
Deal Type Add-on Acquisition

Target Company

Maxion International Motores

Canoas, Brazil
Maxion International Motores produces a full line of diesel engines ranging from 95 to 275 horsepower for use by original equipment manufacturers in Brazil and Argentina and exports a 7.3-liter diesel to Mexico and Australia. Customers include Ford Motor Company, General Motors Corporation, Mercedes Benz and Land Rover in the automotive markets and AGCO in the industrial market.
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Buyer Overview 1

Buyer

Navistar International

Lisle, Illinois, United States

Category Company
Founded 1902
Sector Automotive
Revenue 11.3B USD (2019)
DESCRIPTION
Navistar's corporate headquarters in Lisle, Illinois.
Navistar's corporate headquarters in Lisle, Illinois.

Navistar is a manufacturer of commercial trucks, diesel engines and parts, school and commercial buses, and automotive chassis. Navistar was formerly known as International Harvester. Navistar was founded in 1902 and is based in Lisle, Illinois.


Deal Context for Buyer #
Overall 1 of 3
Sector: Automotive 1 of 1
Type: Add-on Acquisition 1 of 3
Country: Brazil 1 of 1
Year: 2001 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1981-05-31 Solar Turbines Incorporated

San Diego, California, United States

Headquartered in San Diego, California, USA, Solar Turbines Incorporated is a manufacturer of industrial gas turbines, with more than 14,500 units and over 2 billion operating hours in 100 countries.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-07 Continental Mixers

Houston, Texas, United States

Continental offers a full line-up of rear discharge mixer products sold under the CBMW brand and also sells replacement parts for all mixer makes.

Buy -

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