Automotive & Truck
The Shyft Group Has Acquired Independent Truck Upfitters
The Shyft Group Has Acquired Independent Truck Upfitters THE TRANSACTION On July 25, 2024, The Shyft Group, Inc. (“Shyft”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, announced it acquired Independent Truck Upfitters (“ITU”), a leading vocational service body upfitter based in the Midwest. The…
Read MoreGlobal Enterprises has been acquired by OKE Group GmbH
Global Enterprises has been acquired by OKE Group GmbH THE TRANSACTION On July 1, 2024, Global Enterprises (“Global” or “the Company”), a leading manufacturer of technical extruded profiles and other seating and interior assemblies for the global automotive industry, was acquired by OKE Group GmbH (“OKE”). The transaction strengthens OKE’s presence in Eastern Europe and…
Read MoreAMI Industries, Inc. has acquired Fluid Handling Technology, Inc.
AMI Industries, Inc. has acquired Fluid Handling Technology, Inc. THE TRANSACTION On July 1, 2024, AMI Industries, Inc. (“AMI” or “the Company”), a leading Tier I and II supplier of fluid handling components to the agriculture, construction, automotive, heavy truck, defense, and marine industries, acquired substantially all of the assets of Fluid Handling Technology, Inc.…
Read MoreJEMS of Litchfield has been acquired by an affiliate of Lock Joint Tube
JEMS of Litchfield has been acquired by an affiliate of Lock Joint Tube THE TRANSACTION JEMS of Litchfield, Inc. (“JEMS”), a leading supplier of trailer hitch receivers, towing components and hitch assemblies to automotive OEMs and aftermarket suppliers to the automotive, RV, and off-highway vehicle markets, has been acquired by an affiliate of Lock Joint…
Read MoreQualCast has been acquired by Melling Tool Company
QualCast has been acquired by Melling Tool Company THE TRANSACTION QualCast, LLC (“QualCast”), a worldwide provider of aftermarket valvetrain and other engine components, has been acquired by Melling Tool Company (“Melling”), a leading full-service manufacturer and supplier of performance defining engine components to the automotive aftermarket, the high-performance enthusiast market, and automotive OEMs. QualCast provides…
Read MoreCloyes Acquisition of Rotomaster
Cloyes Acquisition of Rotomaster THE TRANSACTION On October 30, 2023, Cloyes Gear & Products, Inc. (“Cloyes”), the global leader and designer of mission-critical timing drive systems and components for the automotive aftermarket, announced the acquisition of Rotomaster, a leading global turbocharger and component specialist. The acquisition is supportive of Cloyes’ long-term strategy to continue its…
Read MoreIndustry Products Company has been acquired by VisTech Manufacturing Solutions
Industry Products Company has been acquired by VisTech Manufacturing Solutions THE TRANSACTION On July 3, 2023, Industry Products Company (“IPC”), a North American supplier of interior trim and noise, vibration, and harshness (“NVH”) components primarily to automotive OEMs, announced that it has been acquired by VisTech Manufacturing Solutions (“VisTech”), an NVH solutions provider to the…
Read MoreAssets of Bolta US Ltd. acquired by SMP Automotive Systems Alabama Inc.
Assets of Bolta US Ltd. acquired by SMP Automotive Systems Alabama Inc. THE TRANSACTION On April 17, 2023, Samvardhana Motherson International Limited (“Motherson”) acquired substantially all the assets of Bolta US Ltd. (“Bolta US”) through an indirect, wholly-owned subsidiary. Bolta US is a leading manufacturer of chrome plated interior and exterior plastic components for the…
Read MoreElgin Industries, Inc. has partnered with Main Street Capital
Elgin Industries, Inc. has partnered with Main Street Capital THE TRANSACTION On October 3, 2022, Elgin Industries, Inc. (“Elgin”), a leading manufacturer and distributor of high-quality engine and chassis components to the automotive and commercial truck aftermarkets and to OEM customers in the automotive, commercial vehicle, agriculture and other industrial markets, announced that it has…
Read MoreHCI Equity has sold Terra Drive Systems, Inc. to a Private Investment Group
HCI Equity has sold Terra Drive Systems, Inc. to a Private Investment Group THE TRANSACTION On August 17, 2022, HCI Equity Partners (“HCI”), a leading lower middle market private equity firm focused on partnering with family and founder owned manufacturing, service and distribution companies, announced that it has sold its portfolio company Terra Drive Systems,…
Read More