M&A Deal Summary

Thule Group Acquires United Welding Services

On September 6, 2007, Thule Group acquired automotive company United Welding Services

Acquisition Highlights
  • This is Thule Group’s 1st transaction in the Automotive sector.
  • This is Thule Group’s 3rd transaction in the United States.
  • This is Thule Group’s 1st transaction in Florida.

M&A Deal Summary

Date 2007-09-06
Target United Welding Services
Sector Automotive
Buyer(s) Thule Group
Deal Type Add-on Acquisition

Target

United Welding Services

Perry, Florida, United States
United Welding Services, Inc. is a manufacturer of welded aluminum tool boxes, draw slides, step bars and transfer tanks.

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Buyer(S) 1

Buyer

Thule Group

Malmo, Sweden

Category Company
Founded 1942
Sector Consumer Products
Employees2,644
Revenue 9.1B SEK (2023)
DESCRIPTION
Thule Group facility in Longmont, Colorado.
Thule Group facility in Longmont, Colorado.

The Thule Group is designs, produces, and markets a variety of products and brands that make it easy for people to transport their equipment securely and safely. The Thule Group was formed in 1942 and is based in Malmo, Sweden.


DEAL STATS #
Overall 3 of 6
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 3 of 6
State (Florida) 1 of 1
Country (United States) 3 of 4
Year (2007) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-01 Case Logic Wireless

Longmont, Colorado, United States

Case Logic Wireless, Inc. is a designer and marketer of storage products and accessories for the audio, computer, photo/video, DVD, automotive and recreational markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-21 Thule - Roof Rail Business

Sweden

Thule’s automotive related roof rail business including two productions plants, sales, design and engineering resources in Poland and the UK

Sell -