M&A Deal Summary

The Hay Group Acquires Forjanor S.L.

On September 15, 2014, The Hay Group acquired automotive company Forjanor S.L. from Gerdau

Acquisition Highlights
  • This is The Hay Group’s 2nd transaction in the Automotive sector.
  • This is The Hay Group’s 1st transaction in Spain.

M&A Deal Summary

Date 2014-09-15
Target Forjanor S.L.
Sector Automotive
Buyer(s) The Hay Group
Sellers(s) Gerdau
Deal Type Divestiture

Target

Forjanor S.L.

Collado Villalba, Spain
Forjanor S.L. is a Spanish supplier of gearbox, transmission and bearing parts to predominantly European automotive OEMs from its location in Collado Villalba, Madrid.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

The Hay Group

Bad Sobernheim, Germany

Category Company
Founded 1925
Sector Automotive
Employees1,600
DESCRIPTION

The Hay Group is the largest producer of high precision forged and machined steel automotive parts in Europe and has long-standing relationships with the top European OEM makers and suppliers.


DEAL STATS #
Overall 3 of 3
Sector: Automotive M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-30 Metaco Union Kft

Füzesabony, Hungary

Metaco Union Kft is a Hungarian automotive machining business located in Füzesabony specializing in precision-turned and milled parts for major European OEMs.

Buy -

Seller(S) 1

SELLER

Gerdau

Sao Paulo, Brazil

Category Company
Founded 1901
Sector Metals/Mining
Employees30,000
Revenue 67.0B BRL (2024)
DESCRIPTION

Gerdau is a producer and supplier of long steel. Gerdau was formed in 1901 and is based in Sao Paulo, Brazil.


DEAL STATS #
Overall 1 of 4
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: Spain M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-04 Chaparral Steel Co.

Midlothian, Texas, United States

Chaparral Steel Company, Inc. is a producer of steel and steel bar products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-01 Gerdau S.A. - Mill Site

Sand Springs, Oklahoma, United States

Gerdau S.A. - Mill Site is a provider of steel making operations on the site will be demolished and the property will be developed for mixed use, including industrial, retail, office and transportation/logistics.

Sell -