M&A Deal Summary

Standard Motor Products Acquires Stoneridge - Pollak Business

On April 1, 2019, Standard Motor Products acquired distribution company Stoneridge - Pollak Business from Stoneridge for 40M USD

Acquisition Highlights
  • This is Standard Motor Products’ 3rd transaction in the Distribution sector.
  • This is Standard Motor Products’ 5th largest (disclosed) transaction.
  • This is Standard Motor Products’ 7th transaction in the United States.
  • This is Standard Motor Products’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2019-04-01
Target Stoneridge - Pollak Business
Sector Distribution
Buyer(s) Standard Motor Products
Sellers(s) Stoneridge
Deal Type Divestiture
Deal Value 40M USD

Target

Stoneridge - Pollak Business

Feasterville Trevose, Pennsylvania, United States
Stoneridge, Inc. - Pollak Business has manufacturing and distribution facilities in Canton, MA, El Paso, TX, and Juarez, Mexico, and distributes a range of engine management products including sensors, switches, and connectors.

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Buyer(S) 1

Buyer

Standard Motor Products

Long Island City, New York, United States
Category Company
Founded 1919
Sector Automotive
Employees5,200
Revenue 1.4B USD (2023)
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 7 of 12
Sector (Distribution) 3 of 3
Type (Divestiture) 4 of 5
State (Pennsylvania) 1 of 1
Country (United States) 7 of 9
Year (2019) 1 of 1
Size (of disclosed) 5 of 7
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-08 Stoneridge - Particulate Matter Sensor Business

Novi, Michigan, United States

Stoneridge's particulate matter sensor business has manufacturing lines in Lexington, OH, and Tallin, Estonia.

Buy -

Seller(S) 1

SELLER

Stoneridge

Novi, Michigan, United States
Category Company
Founded 1965
Sector Electrical Equipment
Employees4,850
Revenue 976M USD (2023)
DESCRIPTION

Stoneridge is an independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems principally for the automotive, commercial vehicle, motorcycle, agricultural and off-highway vehicle markets. Stoneridge was founded in 1965 and is based in Novi, Michigan.

DEAL STATS #
Overall 1 of 2
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 2
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-01 Orlaco Products BV

Barneveld, Minnesota, Netherlands

Orlaco Products BV is a provider of vehicle camera solutions to heavy-duty off-road machines, on-road trucks, forklifts, and lifting mobile cranes, as well as the aftermarket and to OEMs.

Buy €75M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-08 Stoneridge - Particulate Matter Sensor Business

Novi, Michigan, United States

Stoneridge's particulate matter sensor business has manufacturing lines in Lexington, OH, and Tallin, Estonia.

Sell -
Mergr

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