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  6. Voith Acquires Premier Manufacturing Support Services

M&A Deal Summary

Voith Acquires Premier Manufacturing Support Services

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2005-03-15
Target Premier Manufacturing Support Services
Sector Business Services
Buyer(s) Voith
Sellers(s) Durr
Deal Type Divestiture

Target

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(S) 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 STATS #
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(S) 1

SELLER

Durr

Bietigheim-Bissingen, Germany
Category Company
Founded 1895
Sector Automotive
Employees20,142
Revenue 4.6B EUR (2023)
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 STATS #
Overall 1 of 6
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 6
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 -
Mergr

Product

Company

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