Special Situations/Distressed • Automotive

Stellantis Acquires Chrysler Group

On June 10, 2009, Stellantis acquired automotive company Chrysler Group

Acquisition Context
  • This is Stellantis’ 2nd transaction in the Automotive sector.
  • This is Stellantis’ 1st transaction in the United States.
  • This is Stellantis’ 1st transaction in Michigan.

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M&A Deal Summary

Date June 10, 2009
Target Chrysler Group
Sector Automotive
Buyer(s) Stellantis
Deal Type Special Situations/Distressed

Target Company

Chrysler Group

Auburn Hills, Michigan, United States
Chrysler Group LLC is an American automobile manufacturer headquartered in Auburn Hills, Michigan. It is a wholly owned subsidiary of the Italian multinational Fiat S.p.A.
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Buyer Overview 1

Buyer

Stellantis

Hoofddorp, Netherlands

Category Company
Founded 1899
Sector Automotive
Employees248,243
Revenue 156.9B EUR (2024)
DESCRIPTION

Stellantis is a global automobile manufacturing company. Stellantis' storied and iconic brands embody the passion of their visionary founders and today’s customers in their innovative products and services, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis was founded in 1899 and is based in Hoofddorp, Netherlands.


Deal Context for Buyer #
Overall 2 of 5
Sector: Automotive 2 of 4
Type: Special Situations/Distressed 1 of 1
State: Michigan 1 of 1
Country: United States 1 of 1
Year: 2009 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-08 Teksid Aluminum S.r.l.

Carmagnola, Italy

Teksid Aluminum S.r.l. is a manufacturer of cylinder heads and blocks, suspension components, and camshaft carriers, as well as aluminum engine components.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-03 CNH Industrial

Basildon, United Kingdom

CNH Industrial is a diversified Italian-American manufacturer of machinery and equipment. CNH designs, produces, and sells agricultural equipment and construction equipment (Case and New Holland brand families), trucks, commercial vehicles, buses, and special vehicles (Iveco), in addition to powertrains for industrial and marine applications (FPT Industrial). CNH Industrial was founded in 1842 and is based in Basildon, United Kingdom.

Sell -