M&A Deal Summary

Standard Motor Products and Gwo Yng Enterprise Co. Acquire Annex Manufacturing

On April 21, 2014, Standard Motor Products and Gwo Yng Enterprise Co. acquired distribution company Annex Manufacturing

Acquisition Highlights
  • This is Standard Motor Products’ 2nd and Gwo Yng Enterprise Co.’s 1st transaction in the Distribution sector.
  • This is Standard Motor Products’ 5th and Gwo Yng Enterprise Co.’s 1st transaction in the United States.
  • This is Standard Motor Products’ 2nd and Gwo Yng Enterprise Co.’s 1st transaction in Texas.

M&A Deal Summary

Date 2014-04-21
Target Annex Manufacturing
Sector Distribution
Buyer(s) Standard Motor Products
Gwo Yng Enterprise Co.
Deal Type Joint Venture

Target

Annex Manufacturing

Fort Worth, Texas, United States
Annex Manufacturing, Inc. distributes a variety of temperature control products for the automotive aftermarket. Annex specializes in climate control products for manufacturers within the automotive, heavy truck and industrial markets, and as a Tier 1, Tier 2, and breadth supplier to the aftermarket.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 2

Buyer

Standard Motor Products

Long Island City, New York, United States

Category Company
Founded 1919
Sector Automotive
Employees5,600
Revenue 1.5B USD (2024)
DESCRIPTION
Standard Motor Products' plant in Simpsonville, South Carolina.
Standard Motor Products' plant in Simpsonville, South Carolina.

Standard Motor Products is a manufacturer and distributor of automotive parts in the automotive aftermarket industry. Standard Motor Products was founded in 1919 and is based in Long Island City, New York.


DEAL STATS #
Overall 5 of 13
Sector: Distribution M&A 2 of 3
Type: Joint Venture M&A Deals 1 of 1
State: Texas M&A 2 of 2
Country: United States M&A 5 of 9
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-06 Pensacola - Remanufacturing Operations Business

Pensacola, Florida, United States

Pensacola - Remanufacturing Operations Business is a remanufactures of diesel injectors and pumps.

Buy $12M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-23 General Cable - Automotive Ignition Wire Business

United States

General Cable Corp. - Automotive Ignition Wire Business is a provider of automotive products and services.

Buy $71M
Buyer

Gwo Yng Enterprise Co.

China

Category Company
Sector Manufacturing
DESCRIPTION

Gwo Yng Enterprise Co., Ltd is a manufacturer of air conditioning accumulators, filter driers, hose assemblies, and switches for the automotive aftermarket and the OEM/OES markets.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1