M&A Deal Summary

Zhejiang Geely Holding Group Acquires Emerald Automotive

On February 28, 2014, Zhejiang Geely Holding Group acquired automotive company Emerald Automotive

Acquisition Highlights
  • This is Zhejiang Geely Holding Group’s 2nd transaction in the Automotive sector.
  • This is Zhejiang Geely Holding Group’s 1st transaction in the United States.
  • This is Zhejiang Geely Holding Group’s 1st transaction in Missouri.

M&A Deal Summary
Date 2014-02-28
Target Emerald Automotive
Sector Automotive
Buyer(s) Zhejiang Geely Holding Group
Deal Type Add-on Acquisition

Target

Emerald Automotive

Hazelwood, Missouri, United States
Emerald Automotive LLC is an electric vehicle startup that desires to manufacture industrial vans in Hazelwood.

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Buyer(S) 1

Buyer

Zhejiang Geely Holding Group

Hangzhou, China
Category Company
Founded 1986
Sector Automotive
Employees12,000
DESCRIPTION

Geely is a Chinese automotive manufacturing company headquartered in Hangzhou, China. Geely was formed in 1986 as a light manufacturer. In 2002, Geely began producing autos.

DEAL STATS #
Overall 2 of 4
Sector (Automotive) 2 of 2
Type (Add-on Acquisition) 1 of 2
State (Missouri) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-28 Volvo Car

Gothenburg, Sweden

Volvo Car Corp. is a Swedish automobile manufacturer. Volvo develops, manufactures, markets, sells, and services in cars.

Buy $1.8B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-02 Saxo Bank

Copenhagen, Denmark

Saxo Bank is a provider of multi-asset electronic trading solutions for retail and institutional investors globally. Saxo Bank was formed in 1992 and is based in Copenhagen, Denmark.

Buy -
Mergr

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