GR Spring & Stamping has been acquired by Gill Holding Company
THE TRANSACTION
In February 2014, Gill Holding Company completed the acquisition of GRSS and related real estate properties. DPP acted as exclusive financial advisor to GRSS, and Barnes and Thornburg LLP served as legal advisor to GRSS.
Our Client
GR SPRING & STAMPING, INC.
GR Spring & Stamping, Inc. (“GRSS” or the “Company”) founded in 1960 and headquartered in Grand Rapids, MI, GRSS is a leader in engineering, prototyping, and manufacturing of complex metal stampings and assemblies supplied to automotive vehicle manufacturers and their Tier 1 suppliers. In addition, the Company has comprehensive in-house tooling development and fabrication capabilities. GRSS has developed a robust continuous improvement culture which has led to increasing technical capabilities and manufacturing innovation, including in-die welding, staking, and tapping, self-adjusting tooling, automation, robotic welding cells, and vision systems. The Company employs approximately 600 associates and operates five facilities in Michigan and Kentucky.
Transaction Partner
GILL INDUSTRIES, INC.
Gill Industries, Inc. (“Gill”) headquartered in Grand Rapids, MI, is a leading designer and manufacturer of advanced mechanisms and welded assemblies for the automotive, furniture and multi-use vehicle markets. Gill’s capabilities include stamping, welding and tube/wire bending and forming capabilities, along with design, engineering, testing, and technical support. With facilities located in the United States, Europe, Mexico, China and Korea, Gill is able to service customers on a global scale.
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Automotive & Truck
Automotive & Truck
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