M&A Deal Summary

Sapa AB Acquires Thule - Roof Rail Business

On September 21, 2010, Sapa AB acquired automotive company Thule - Roof Rail Business from Thule Group

Acquisition Highlights
  • This is Sapa AB’s 1st transaction in the Automotive sector.
  • This is Sapa AB’s 1st transaction in Sweden.

M&A Deal Summary

Date 2010-09-21
Target Thule - Roof Rail Business
Sector Automotive
Buyer(s) Sapa AB
Sellers(s) Thule Group
Deal Type Add-on Acquisition

Target

Thule - Roof Rail Business

Sweden
Thule’s automotive related roof rail business including two productions plants, sales, design and engineering resources in Poland and the UK

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Buyer(S) 1

Buyer

Sapa AB

Stockholm, Sweden

Category Company
Founded 1963
Sector Metals/Mining
DESCRIPTION

Sapa is a provides aluminium solutions – a new company that joined the aluminium extrusion businesses of Sapa and Hydro. Together, we are shaping a lighter future through a global reach and local presence within extrusions, building systems, and precision tubing.


DEAL STATS #
Overall 3 of 3
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Sweden M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-11-21 Pressweld

Gloucester, United Kingdom

Pressweld Ltd. is a design and manufacture of high quality extruded aluminium components.

Buy -

Seller(S) 1

SELLER

Thule Group

Malmo, Sweden

Category Company
Founded 1942
Sector Consumer Products
Employees2,800
Revenue 9.5B SEK (2024)
DESCRIPTION
Thule Group facility in Longmont, Colorado.
Thule Group facility in Longmont, Colorado.

Thule Group designs, produces, and markets a variety of products and brands that make it easy for people to transport their equipment securely and safely. Thule Group was formed in 1942 and is based in Malmö, Sweden.


DEAL STATS #
Overall 2 of 3
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 2
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-06 United Welding Services

Perry, Florida, United States

United Welding Services, Inc. is a manufacturer of welded aluminum tool boxes, draw slides, step bars and transfer tanks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-08 TracRac

Fall River, Massachusetts, United States

TracRac produces a full line of cargo management systems for pickup trucks and vans. Manufactured and assembled in USA, TracRac products are functional and packed with unique features that enable custom configurations for professional tradesmen. TracRac is division of the Thule Group.

Buy -