M&A Deal Summary

Sumitomo Riko Acquires Anvis Group

On January 29, 2013, Sumitomo Riko acquired automotive company Anvis Group from H.I.G. Private Equity for 179M USD

Acquisition Highlights
  • This is Sumitomo Riko’s 1st transaction in the Automotive sector.
  • This is Sumitomo Riko’s largest (disclosed) transaction.
  • This is Sumitomo Riko’s 1st transaction in Germany.

M&A Deal Summary

Date 2013-01-29
Target Anvis Group
Sector Automotive
Buyer(s) Sumitomo Riko
Sellers(s) H.I.G. Private Equity
Deal Type Add-on Acquisition
Deal Value 179M USD
Advisor(s) White & Case (Legal)

Target

Anvis Group

Germany
Anvis Group is a worldwide leading automotive supplier of anti-vibration systems represented in Europe, America, Asia and South Africa.

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Buyer(S) 1

Buyer

Sumitomo Riko

Nagoya, Japan

Category Company
Founded 1929
Sector Automotive
Employees25,617
Revenue 633.3B JPY (2025)
DESCRIPTION

Sumitomo Riko is a manufacturer and seller of an automotive parts. Sumitomo Riko was founded in 1929 and is based in Nagoya, Japan.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2013 M&A 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

H.I.G. Private Equity

Miami, Florida, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1993
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HIG Private Equity is the private equity arm of HIG Capital. The Firm focuses on management buyouts, growth equity investments, and recapitalizations of mid-sized to large companies valued between $50 million and $1 billion. HIG will also consider industry consolidations, going-privates, and corporate divestitures. Sectors of interest include aerospace, building materials, business services, consumer products, distribution, healthcare, infrastructure, contracting, manufacturing, media, oil & gas services, IT, and transportation. HIG was formed in 1993 is based in Miami, Florida.


DEAL STATS #
Overall 39 of 181
Sector: Automotive M&A 4 of 6
Type: Add-on Acquisition M&A Deals 18 of 72
Country: Germany M&A 1 of 9
Year: 2013 M&A 1 of 8
Size (of disclosed) 12 of 22
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