Explore All 458 Divestiture Automotive Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | September 15, 1997 |
| Target | Pirelli Tyres - General Rubber Goods Division |
| Sector | Automotive |
| Buyer(s) | Textron |
| Sellers(s) | Pirelli Tyres |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1923 |
| Sector | Diversified |
| Employees | 34,000 |
| Revenue | 13.7B USD (2024) |
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 Context for Buyer | # |
|---|---|
| Overall | 12 of 48 |
| Sector: Automotive | 6 of 12 |
| Type: Divestiture | 4 of 8 |
| Country: United Kingdom | 2 of 7 |
| Year: 1997 | 5 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1997-07-28 |
Kaywood Products
Jackson, Michigan, United States Kaywood Products Corp. is a maker of precision machined parts and components for assembled camshafts. Assembled camshafts are lower in weight and the precision technology also helps with today's compact multi-valve engines. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1997-12-02 |
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. |
Buy | $70M |
Pirelli Tyres Ltd. is a designer, manufacturer of tires for various types of vehicles, such as cars, light vehicles and motorcycles, buses, trucks, agricultural, and earth moving machinery.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Automotive | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| Country: United Kingdom | 1 of 1 |
| Year: 1997 | 1 of 1 |