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  5. Titan Europe Acquires Wheel and Rims Engineering Pty

M&A Deal Summary

Titan Europe Acquires Wheel and Rims Engineering Pty

On November 10, 2005, Titan Europe acquired automotive company Wheel and Rims Engineering Pty

Acquisition Highlights
  • This is Titan Europe’s 1st transaction in the Automotive sector.
  • This is Titan Europe’s 1st transaction in Australia.

M&A Deal Summary
Date 2005-11-10
Target Wheel and Rims Engineering Pty
Sector Automotive
Buyer(s) Titan Europe
Deal Type Add-on Acquisition

Target

Wheel and Rims Engineering Pty

Crestmead,, Australia
Wheel and Rims Engineering Pty, Ltd engages in the maintenance and repairs, examination of wheels and rims, and in-service inspection and examination services.

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Buyer(S) 1

Buyer

Titan Europe

Kidderminster, United Kingdom
Category Company
Founded 1995
Sector Machinery
Employees2,669
DESCRIPTION

Titan Europe Plc, through its subsidiaries, engages in the design, manufacture, and sale of wheels, undercarriage components, and assemblies for tracked and wheeled off-road vehicles.

DEAL STATS #
Overall 1 of 3
Sector: Automotive M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 3
Country: Australia M&A 1 of 1
Year: 2005 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-29 Italtractor ITM

Crespellano,, Italy

Italtractor ITM S.p.A. manufactures components for earth moving, construction, mining and agricultural machinery and machines.

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