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  6. TI Automotive Acquires Millennium Industries

M&A Deal Summary

TI Automotive Acquires Millennium Industries

On February 16, 2016, TI Automotive acquired automotive company Millennium Industries

Acquisition Highlights
  • This is TI Automotive’s 1st transaction in the Automotive sector.
  • This is TI Automotive’s 1st transaction in the United States.
  • This is TI Automotive’s 1st transaction in Indiana.

M&A Deal Summary
Date 2016-02-16
Target Millennium Industries
Sector Automotive
Buyer(s) TI Automotive
Deal Type Add-on Acquisition

Target

Millennium Industries

Ligonier, Indiana, United States
Millennium Industries Corp. is a producer of powertrain products for the automotive industry.

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Buyer(S) 1

Buyer

TI Automotive

Oxford, United Kingdom
Category Company
Founded 1922
Sector Automotive
Employees27,600
Revenue 3.3B EUR (2022)
DESCRIPTION

TI Automotive is a producer of fluid storage, carrying, and delivery technology. TI Automotive has five major global product groups, each with a unique focus. These include Fluid Carrying Systems, Powertrain Product Line, Thermal Product Line, Pump and Module Products, and Tank Systems. TI Automotive was founded in 1922 and is based in Oxford, England.

DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Indiana M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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