Add-on Acquisition • Automotive

Tenedora Nemak S.A. de C.V. Acquires Cevher Dokum Sanayi A.S.

On August 26, 2016, Tenedora Nemak S.A. de C.V. acquired automotive company Cevher Dokum Sanayi A.S. from ADM Capital

Acquisition Context
  • This is Tenedora Nemak S.A. de C.V.’s 2nd transaction in the Automotive sector.
  • This is Tenedora Nemak S.A. de C.V.’s 1st transaction in Turkey.

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M&A Deal Summary

Date August 26, 2016
Target Cevher Dokum Sanayi A.S.
Sector Automotive
Buyer(s) Tenedora Nemak S.A. de C.V.
Sellers(s) ADM Capital
Deal Type Add-on Acquisition

Target Company

Cevher Dokum Sanayi A.S.

İzmir, Turkey
Cevher Dokum Sanayi A.S. has foundries in Europe which produces aluminum components for the automotive industry in rough, fully machined or ready for assembly conditions according to the customer requests.
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Buyer Overview 1

Buyer

Tenedora Nemak S.A. de C.V.

Garcia, Mexico

Category Company
Founded 1979
Sector Test/Measurement Equipment
DESCRIPTION

Nemak specializes in the production of aluminum powertrain components such as cylinder heads, engine blocks and transmission parts for light vehicles since it was founded in 1979.


Deal Context for Buyer #
Overall 2 of 2
Sector: Automotive 2 of 2
Type: Add-on Acquisition 2 of 2
Country: Turkey 1 of 1
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-12 J.L. French Automotive Castings

Sheboygan, Wisconsin, United States

J. L. French is a vertically-integrated, high value-added manufacturer of complex aluminum die cast automotive components.

Buy -

Seller Profile 1

SELLER

ADM Capital

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1998
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

ADM Capital is a private investment firm focused on investing in undervalued or event driven opportunities throughout Asia. The Firm looks to invest in public and private companies and takes an active role in its investments. ADM Capital was formed in 1998 and is headquartered in Hong Kong.


Deal Context for Seller #
Overall 1 of 3
Sector: Automotive 1 of 1
Type: Add-on Acquisition 1 of 2
Country: Turkey 1 of 1
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-15 Brikston Construction

Iasi, Romania

Brikston Construction is a Romanian ceramic brick and clay roof tile manufacturer. Brikston Construction is based in Iasi, Romania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-17 Brikston Construction

Iasi, Romania

Brikston Construction is a Romanian ceramic brick and clay roof tile manufacturer. Brikston Construction is based in Iasi, Romania.

Sell -

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