M&A Deal Summary

Wolverine Advanced Materials Acquires Material Sciences Corp - Brake Shim Business

On May 30, 2014, Wolverine Advanced Materials acquired business services company Material Sciences Corp - Brake Shim Business from Material Sciences

Acquisition Highlights
  • This is Wolverine Advanced Materials’ 1st transaction in the Business Services sector.
  • This is Wolverine Advanced Materials’ 1st transaction in the United States.

M&A Deal Summary

Date 2014-05-30
Target Material Sciences Corp - Brake Shim Business
Sector Business Services
Buyer(s) Wolverine Advanced Materials
Sellers(s) Material Sciences
Deal Type Divestiture

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Buyer(S) 1

Buyer

Wolverine Advanced Materials

Dearborn, Michigan, United States

Category Company
Founded 1934
Sector Automotive
DESCRIPTION

Wolverine Advanced Materials is a manufacturer of highly engineered critical automotive components and customized technology solutions for the energy, transportation and industrial markets. Wolverine Advanced Materials was founded in 1934 and is based in Dearborn, Michigan.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1

Seller(S) 1

SELLER

Material Sciences

Elk Grove Village, Illinois, United States

Category Company
Founded 1971
Sector Engineering
DESCRIPTION

Material Sciences Corporation is a provider of material-based solutions for acoustical and coated applications. The Company uses its expertise in materials, which it leverages through relationships and a network of partners, to solve customer-specific problems.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-05 Continuous Colour Coat

Rexdale, Ontario, Canada

Metal Koting provides galvanized, painted, and printed steel and aluminum coils to a variety of companies in the construction, automotive, leisure product, and packaging industries.

Buy -