Divestiture • Business Services

Voith Acquires Premier Manufacturing Support Services

On March 15, 2005, Voith acquired business services company Premier Manufacturing Support Services from Durr

Acquisition Context
  • This is Voith’s 1st transaction in the Business Services sector.
  • This is Voith’s 1st transaction in the United States.
  • This is Voith’s 1st transaction in Ohio.

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M&A Deal Summary

Date March 15, 2005
Target Premier Manufacturing Support Services
Sector Business Services
Buyer(s) Voith
Sellers(s) Durr
Deal Type Divestiture

Target Company

Premier Manufacturing Support Services

Cincinnati, Ohio, United States
Premier Manufacturing Support Services, Inc. is a provider of customized and integrated programs of management, labor services technology and materials technical support.
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Buyer Overview 1

Buyer

Voith

Heidenheim, Germany

Category Company
Founded 19098
Sector Machinery
Employees1,867
DESCRIPTION

Voith GmbH With a wide portfolio from arrangements, products and digital solutions Voith serves five essential markets: energy, oil & gas, paper, raw materials and transport & automotive.


Deal Context for Buyer #
Overall 1 of 1
Sector: Business Services 1 of 1
Type: Divestiture 1 of 1
State: Ohio 1 of 1
Country: United States 1 of 1
Year: 2005 1 of 1

Seller Profile 1

SELLER

Durr

Bietigheim-Bissingen, Germany

Category Company
Founded 1895
Sector Automotive
Employees20,142
Revenue 4.3B EUR (2024)
DESCRIPTION

Durr is a global supplier of products, systems, and services, mainly for automobile manufacturing. Durr was founded in 1895 and is based in Bietigheim-Bissingen, Germany.


Deal Context for Seller #
Overall 1 of 7
Sector: Business Services 1 of 1
Type: Divestiture 1 of 7
State: Ohio 1 of 2
Country: United States 1 of 2
Year: 2005 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-18 Dürr - Development Test Systems Busines

Germany

Dürr - Development Test Systems Busines is a supplier of test systems for vehicle development such as engine and transmission test stands.

Sell -