M&A Deal Summary

Visteon Acquires AllGo Embedded Systems Pvt.

On January 12, 2016, Visteon acquired automotive company AllGo Embedded Systems Pvt.

Acquisition Highlights
  • This is Visteon’s 1st transaction in the Automotive sector.
  • This is Visteon’s 1st transaction in India.

M&A Deal Summary

Date 2016-01-12
Target AllGo Embedded Systems Pvt.
Sector Automotive
Buyer(s) Visteon
Deal Type Add-on Acquisition

Target

AllGo Embedded Systems Pvt.

Bangalore, India
AllGo Embedded Systems Pvt. Ltd. (AllGo Systems) is a product designing company focused on multimedia solutions for automotive markets.

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Buyer(S) 1

Buyer

Visteon

Van Buren Township, Michigan, United States

Category Company
Founded 2000
Sector Automotive
Employees10,000
Revenue 3.9B USD (2024)
DESCRIPTION
Entrance to Visteon's campus in Van Buren Township, Michigan.
Entrance to Visteon's campus in Van Buren Township, Michigan.

Visteon is a global supplier of climate, electronics and interiors systems, modules and components to automotive original equipment manufacturers. The Company has an international network of manufacturing operations, technical centers and joint venture operations. Visteon was founded in 2000 and is based in Van Buren Township, Michigan.


DEAL STATS #
Overall 2 of 2
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-17 Hanon Systems

Daedeok-gu, South Korea

Hanon Systems is a full-line automotive supplier of climate systems and components. Products include heating ventilation and air conditioning; compressors; powertrain cooling; fluid transport; and electric, hybrid and fuel cell vehicle thermal systems. Hanon Systems was founded in 1986 and is based in Daedeok-gu, South Korea.

Sell $3.6B