M&A Deal Summary

Textron Acquires Brazaco Mapri Industrias S.A.

On December 2, 1997, Textron acquired automotive company Brazaco Mapri Industrias S.A. for 70M USD

Acquisition Highlights
  • This is Textron’s 7th transaction in the Automotive sector.
  • This is Textron’s 9th largest (disclosed) transaction.
  • This is Textron’s 1st transaction in Brazil.

M&A Deal Summary

Date 1997-12-02
Target Brazaco Mapri Industrias S.A.
Sector Automotive
Buyer(s) Textron
Deal Type Add-on Acquisition
Deal Value 70M USD

Target

Brazaco Mapri Industrias S.A.

São Paulo, Brazil
Brazaco Mapri Industrias, S.A. is a manufacturer of automotive fasteners as well as specialty and standard screws, bolts and nuts, is the leading fastener supplier to the South American operations of automotive manufacturers Fiat, Ford, GM, Mercedes and VW.

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Buyer(S) 1

Buyer

Textron

Providence, Rhode Island, United States

Category Company
Founded 1923
Sector Diversified
Employees34,000
Revenue 13.7B USD (2024)
DESCRIPTION
Textron's corporate headquarters in downtown Providence, Rhode Island.
Textron's corporate headquarters in downtown Providence, Rhode Island.

Textron is a multi-industry company that leverages a global network of aircraft, defense, industrial and finance businesses to provide customers with products and services around the world. Textron was founded in 1923 and is based in Providence, Rhode Island.


DEAL STATS #
Overall 13 of 48
Sector: Automotive M&A 7 of 12
Type: Add-on Acquisition M&A Deals 9 of 39
Country: Brazil M&A 1 of 1
Year: 1997 M&A 6 of 6
Size (of disclosed) 9 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-09-15 Pirelli Tyres - General Rubber Goods Division

United Kingdom

Pirelli Tyres - General Rubber Goods (GRG) Division is a maker of seat comfort system products for automotive and home/office applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-01-30 Ransomes

Ipswich, United Kingdom

Ransomes Plc designs and manufactures turf-care machinery serving the worldwide golf, municipal and commercial markets under the established brands of Ransomes, Cushman, Ryan, Steiner and Brouwer. The company also manufactures utility vehicles, marketed under the Cushman name, which include people and cargo carriers. Headquartered in Ipswich, England, Ransomes has approximately 1,400 employees at eight manufacturing facilities in the UK, the US and France.

Buy $230M