THE TRANSACTION
Ficosa North America Corporation a subsidiary of Ficosa International acquired the assets and business of Delbar on April 14, 2008.
Our Client
DELBAR PRODUCTS, INC.
Delbar Products, Inc. (“Delbar”) is a leader in the design, manufacture, paint and assembly of complex, exterior rearview mirror systems for the automotive market. Delbar’s exterior rearview mirror systems are used in the production of light trucks, SUVs, mini-vans, passenger cars, utility vans and recreational vehicles. Delbar manufactures parts and systems for production, service and aftermarket. The Company operates three manufacturing facilities in Crossville, Tennessee, one manufacturing facility in Querétaro, Mexico, a headquarters in Perkasie, Pennsylvania and a technical center in Bloomfield Hills, Michigan.
Transaction Partner
FICOSA INTERNATIONAL
Ficosa International (“Ficosa”) engages in the research, development, production, and commercialization of systems and components for automobiles. It offers rearview systems, which include internal and external mirrors, and painted plastic components; and command and control systems, including parking brakes, gearshifts, mechanisms for seats and doors, and drive cables. The company also provides plastics and electrical systems, which include windshield and headlamp washers, tanks/reservoirs, electric pumps, sun visors, and air ducts; and security and locking systems, such as locking systems and keys, anti-theft systems, and door and tailgate handles. Ficosa has factories in Spain, the United Kingdom, France, Germany, Italy, Portugal, Poland, Slovenia and Turkey; Mexico; Brazil and Argentina; and India and Korea, as well as technical centers in Michigan.
CONTACT
Automotive & Truck