Automotive & Truck
Cooper Standard Agrees to Acquire Lauren Manufacturing & Lauren Plastics
Cooper Standard Agrees to Acquire Lauren Manufacturing & Lauren Plastics THE TRANSACTION On July 3, 2018, Cooper Standard (NYSE:CPS), a leading global supplier of systems and components for the automotive industry, agreed to acquire Lauren Manufacturing and Lauren Plastics. The transaction expands the markets served by Cooper Standard’s Industrial and Specialty Group (ISG), which is…
Read MoreAlex Products has been Acquired by North American Stamping Group
Alex Products has been Acquired by North American Stamping Group THE TRANSACTION In May 2018, Alex Products, a leading supplier of complex, welded assemblies used in seating related applications for the automotive market, was acquired by North American Stamping Group (“NASG”). Alex Products has more than 30 years of experience as a leader in safety…
Read MoreAmerican Axle has sold its Cloyes aftermarket division to Hidden Harbor Capital Partners
American Axle has sold its Cloyes aftermarket division to Hidden Harbor Capital Partners THE TRANSACTION In April 2018, American Axle & Manufacturing Holdings, Inc. (NYSE:AXL “AAM”) divested the aftermarket division (“Cloyes”) of its subsidiary Cloyes Gear & Products, Inc. to Hidden Harbor Capital Partners (“Hidden Harbor”). Cloyes is a global leader in the design, development,…
Read MoreAMI Shanghai has been Acquired by Cooper Standard
AMI Shanghai has been Acquired by Cooper Standard THE TRANSACTION In February 2018, AMI Shanghai a China-based supplier of fuel and brake lines and related components to the Chinese automotive market, was acquired by Cooper Standard. Our Client AMI SHANGHAI AMI Shanghai Automotive Fluid System Co. (“AMI Shanghai”) was formed by US-based AMI Industries to…
Read MoreAMI Shandong has been Acquired by Cooper Standard
AMI Shandong has been Acquired by Cooper Standard THE TRANSACTION In February 2018, AMI Shandong a China-based supplier of fuel and brake lines and related components to the Chinese automotive market, was acquired by Cooper Standard. Our Client AMI SHANDONG AMI Shandong Automotive Fluid System Co. (“AMI Shandong”) was formed by US-based AMI Industries to…
Read MoreHyper Alloys has been Acquired by Wirco
Hyper Alloys has been Acquired by Wirco THE TRANSACTION In February 2017, Hyper Alloys was acquired by Wirco. DPP acted as the exclusive investment banking advisor to Hyper Alloys. Our Client HYPER ALLOYS, INC. Hyper Alloys, Inc. (“Hyper Alloys” or the “Company”) was founded in 1958 and has been committed to providing high quality heat…
Read MoreSpartan Motors, Inc. has acquired Smeal Fire Apparatus Co.
Spartan Motors, Inc. has acquired Smeal Fire Apparatus Co. THE TRANSACTION In January 2017, Spartan Motors, Inc. (NASDAQ: SPAR) (“Spartan” or the “Company”), a global leader in specialty chassis and vehicle design, manufacturing, and assembly, announced its wholly-owned subsidiary, Spartan Motors USA, Inc., has completed the acquisition of substantially all of the assets and assumed…
Read MoreStoneridge, Inc. acquires Orlaco Products BV
Stoneridge, Inc. acquires Orlaco Products BV THE TRANSACTION On January 31, 2017, Stoneridge, Inc. (NYSE: SRI) (“Stoneridge” or the “Company”), a designer and manufacturer of highly engineered electrical and electronic components, acquired Orlaco Products BV (“Orlaco”), a leading supplier of vehicle camera solutions, for €75M on a debt-free, cash-free basis, with additional contingent consideration of…
Read MoreAutomation Engineering, Inc. has been acquired by Mycronic AB
Automation Engineering, Inc. has been acquired by Mycronic AB THE TRANSACTION In November 2016, Automation Engineering, Inc. (“AEI”) was acquired by Mycronic AB (“Mycronic”) for $35.0 million. Under certain conditions, based on parameters such as growth and earnings, an earnout at a maximum amount of $27.0 million will be paid over two years. The transaction…
Read MoreSkyway Precision Inc. has acquired the assets of Daleo Machining
Skyway Precision Inc. has acquired the assets of Daleo Machining THE TRANSACTION In September 2016, Skyway acquired the assets of Daleo. The transaction expands Skyway’s customer base and geographic footprint, while leveraging Skyway’s product and manufacturing expertise. Skyway intends to expand the product and customer portfolio serviced from the Daleo location and grow the overall…
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