M&A Deal Summary

Randon S.A. Implementos e Participações and Meritor Acquire Suspensys Sistemas Automotivos

On January 28, 2002, Randon S.A. Implementos e Participações and Meritor acquired automotive company Suspensys Sistemas Automotivos

Acquisition Highlights
  • This is Randon S.A. Implementos e Participações’ 1st and Meritor’s 2nd transaction in the Automotive sector.
  • This is Randon S.A. Implementos e Participações’ 1st and Meritor’s 1st transaction in Brazil.

M&A Deal Summary

Date 2002-01-28
Target Suspensys Sistemas Automotivos
Sector Automotive
Buyer(s) Randon S.A. Implementos e Participações
Meritor
Deal Type Joint Venture

Target

Suspensys Sistemas Automotivos

Caxias do Sul, Brazil
Suspensys Sistemas Automotivos Ltda. is primarily engaged in the manufacture and sale of air and mechanical suspension systems for trucks, buses and trailers, trailer axles, third axles, hubs and drums for trucks, buses and trailers.

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Buyer(S) 2

Buyer

Randon S.A. Implementos e Participações

Caxias Do Su, Brazil

Category Company
Founded 1949
Sector Machinery
DESCRIPTION

Randon S.A. Implementos e Participações is a provider of solutions for freight and cargo transport. The Company operates directly through its subsidiaries in three segments, Towed vehicles, railcars and specialty vehicles, Auto parts and automotive systems, Services and others.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: Brazil M&A 1 of 1
Year: 2002 M&A 1 of 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 3 of 11
Sector: Automotive M&A 2 of 7
Type: Joint Venture M&A Deals 1 of 1
Country: Brazil M&A 1 of 1
Year: 2002 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-08-16 ArvinMeritor - Seat Motor

United States

ArvinMeritor's Seat Motor business engages in the manufacture and sale of seat motors.

Sell $12M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-01 AxleTech International Holdings

Oshkosh, Wisconsin, United States

AxleTech is a manufacturer and supplier of axles, axle components, planetary axles, brakes, and aftermarket parts for commercial specialty trucks, military vehicles, and off-highway machines used in construction, material handling, forestry, mining, and agricultural markets.

Sell -