M&A Deal Summary |
|
|---|---|
| Date | 2023-08-23 |
| Target | Horse Powertrain |
| Sector | Automotive |
| Buyer(s) |
Aramco
Geely Automobile Holdings Renault |
| Deal Type | Joint Venture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1933 |
| Sector | Oil/Gas Exploration |
| Employees | 54,041 |
Aramco operates as an integrated energy and chemical company in Saudi Arabia and internationally. Aramco was founded in 1933 and is headquartered in Dhahran, Saudi Arabia.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 8 |
| Sector: Automotive M&A | 1 of 1 |
| Type: Joint Venture M&A Deals | 3 of 3 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2023 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-27 |
Rongsheng
Hangzhou City, China Rongsheng is principally engaged in the research, development, manufacturing, and distribution of refining products, petrochemicals, and chemical fibers. The company has an annual production capability of 2 million tons of aromatic hydrocarbon, over 13 million tons of pure terephthalic acid (PTA), 2 million tons of PET, 1 million tons of POY and FDY, 0.45 million tons of DTY. Rongsheng was founded in 2007 and is based in Hangzhou, China. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-28 |
MidOcean Energy
Washington, District of Columbia, United States MidOcean Energy is a liquefied natural gas (LNG) company builds a diversified, resilient, cost and carbon competitive LNG portfolio. MidOcean Energy is based in Washington, District of Columbia. |
Buy | - |
| Category | Company |
|---|---|
| Sector | Automotive |
| Employees | 68,000 |
| Revenue | 240.2B CNY (2024) |
Geely Automobile Holdings is a manufacturer of passenger vehicles across the world. It was into two main business automobiles and related parts and components, and gearboxes. The company is based in Hong Kong, China.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Automotive M&A | 1 of 1 |
| Type: Joint Venture M&A Deals | 1 of 1 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1898 |
| Sector | Automotive |
| Employees | 98,000 |
| Revenue | 56.2B EUR (2024) |
Renault is a multinational manufacturer and distributor of vehicles. Renault was founded in 1898 and is based in Boulogne-Billancourt, France.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector: Automotive M&A | 4 of 4 |
| Type: Joint Venture M&A Deals | 1 of 1 |
| Country: United Kingdom M&A | 3 of 3 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-12 |
Karhoo
London, United Kingdom Karhoo is a fully-integrated global, neutral, booking platform for regulated Taxis and PHV. Karhoo aggregates ground transport around the world, with regulated/licensed taxi and PHV fleets. Karhoo was formed in 2014 and is based in London. |
Buy | - |