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  6. Zhongli North America Acquires Stern Rubber Co.

M&A Deal Summary

Zhongli North America Acquires Stern Rubber Co.

On October 26, 2015, Zhongli North America acquired automotive company Stern Rubber Co.

Acquisition Highlights
  • This is Zhongli North America’s 1st transaction in the Automotive sector.
  • This is Zhongli North America’s 1st transaction in the United States.
  • This is Zhongli North America’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2015-10-26
Target Stern Rubber Co.
Sector Automotive
Buyer(s) Zhongli North America
Deal Type Add-on Acquisition
Advisor(s) Generational Capital Markets (Financial)

Target

Stern Rubber Co.

Staples, Minnesota, United States
Stern Rubber Co. is a manufacturer of injection, compression and transfer molded automotive products as well as extruded rubber products and specializes in bonding rubber to metal, plastic, and other materials.

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Buyer(S) 1

Buyer

Zhongli North America

Troy, Michigan, United States
Category Company
Sector Automotive
DESCRIPTION

Zhongli North America, Inc. is a provider of vehicle parts and components and assembly parts including engine mounts, chassis shock absorbers, chassis modules and interior/exterior plastic parts.

DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
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