M&A Deal Summary

Renault Trucks Defense SAS Acquires Meritor - Axle Operation

On January 2, 2012, Renault Trucks Defense SAS acquired automotive company Meritor - Axle Operation from Meritor

Acquisition Highlights
  • This is Renault Trucks Defense SAS’s 1st transaction in the Automotive sector.
  • This is Renault Trucks Defense SAS’s 1st transaction in France.

M&A Deal Summary

Date 2012-01-02
Target Meritor - Axle Operation
Sector Automotive
Buyer(s) Renault Trucks Defense SAS
Sellers(s) Meritor
Deal Type Divestiture

Target

Meritor - Axle Operation

Saint Priest, France
Meritor - Axle Operation, comprises axle auto component manufacturing facility.

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Buyer(S) 1

Buyer

Renault Trucks Defense SAS

Versailles, France

Category Company
Founded 1966
Sector Aerospace
DESCRIPTION

Renault Trucks Defense SAS designs, manufactures, and supplies armored, tactical, and logistic vehicles.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2012 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 12 of 13
Sector: Automotive M&A 10 of 11
Type: Divestiture M&A Deals 11 of 11
Country: France M&A 1 of 1
Year: 2012 M&A 1 of 1
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-29 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.

Sell -