Autoliv to acquire airbag cushion cut & sewn assets Autoliv Inc. announced that it has acquired the airbag cushion cut & sewn assets from Milliken, a U.S.-based textile and chemical company. Under the terms of the acquisition, Autoliv is acquiring the machinery and equipment, laser cutters and sewing machines to increase Autoliv's capability to produce cut & sewn airbag cushions. These assets produce around 7 million airbag cushions annually and...

新闻  2011/11/16 更新

Plastic Omnium to acquire a Poland-based plastic parts manufacturer Plastic Omnium Auto Exterior, a wholly owned subsidiary of Company Plastic Omnium, announced the signature of an agreement for the acquisition of 100% of Plastal Poland, a supplier of plastic components for vehicles. The two plants to be acquired, at Gliwice and Poznan, Poland, have had a turnover of more than 60 million euros in 2010. The plants, which employ 600 associates, ess...

新闻  2011/10/12 更新

Hayes Lemmerz acquired by Brazil-based Iochpe-Maxion Hayes Lemmerz International, Inc. announced that it will be acquired by Iochpe Holdings, LLC, a North American subsidiary of Iochpe-Maxion S.A., a Brazilian wheel and chassis manufacturer. The purchase price is approximately 725 million USD. This transaction will combine the wheels businesses of Iochpe-Maxion with the wheels business of Hayes Lemmerz. The acquisition is expected to close during...

新闻  2011/10/06 更新

KSPG acquires plain bearing operations of India-based Kirloskar Oil Engines KSPG AG announced that it has acquired the plain bearing operations of Kirloskar Oil Engines Ltd. (KOEL), Pune, India. KOEL is a manufacturer of the wide range of diesel engines, diesel generating sets and engine bearings and engine valves. The company's bearing business generated annual sales of some 20 million euros in the fiscal year 2010/11 and has a workforce totalin...

新闻  2011/10/04 更新

Johnson Controls ends JV with Saft Johnson Controls, Inc., and Saft have closed on the agreement to end their joint venture, Johnson Controls-Saft to develop and manufacture Li-ion vehicle batteries. Under the terms of the agreement, Johnson Controls has acquired Saft's share of the company for 145 million USD. Beginning Oct. 1, 2011, Johnson Controls will operate the company under the Johnson Controls name. (From a press release on September 30...

新闻  2011/09/30 更新

, the plant has been producing above all for General Motors' Global Compact Platform. The plan is to expand the development centre in Ansan, South Korea which already belongs fully to Leoni. Daekyeung is likely to generate sales of between 130 and 140 million euros in the 2012 financial year. Leoni acquired the initial 50 percent of Daekyeung in June 2008. The two companies signed an agreement to cooperate on development of cable harnesses one ye...

新闻  2011/09/05 更新

GKN to acquire driveline products business from Getrag GKN plc announced its agreement to acquire the all-wheel-drive (AWD) components businesses of Getrag KG. The businesses being acquired, together referred to as "Getrag Driveline Products", are Getrag Corporation, a joint venture with Dana Corporation based in U.S., and Getrag All Wheel Drive AB, a joint venture with Dana Holding Corporation and Volvo Car Corporation based in Sweden. The core ...

新闻  2011/07/28 更新

Grammer acquires Belgium-based EiA Electronics Grammer AG announced that it has acquired 100% of equity in Belgium-based EiA Electronics N.V., based in Belgium, from VADO (van doorne's) Financieringsmaatschappij N.V. and DACO N.V., the previous owners. Grammer paid 10.5 million euros for the acquisition of EiA Electronics. EiA Electronics specializes in development and distribution of electronic components for commercial vehicles. EiA Electronics...

新闻  2011/07/26 更新

ITW acquires U.S.-based Despatch Industries Illinois Tool Works Inc. announced that it has acquired U.S.-based Despatch Industries, a provider of thermal processing equipment for the solar, carbon fiber and other markets. With full-year 2011 revenues expected to exceed 200 million USD, Despatch Industries products include heat treat furnace systems for automotive applications. Terms of the transaction were not disclosed. (From a press release on ...

新闻  2011/07/25 更新

Citic Dicastal Wheel acquires KSM Castings of Germany Citic Dicastal Wheel Manufacturing Co., Ltd. has acquired KSM Castings GmbH, an auto parts supplier owned by a German-based private equity firm, Cognetas. This project marks the first acquisition of overseas assets by Citic Dicastal and the largest investment in the German automotive industry by a Chinese company. According to KSM, the deal is worth approximately 300 million euros, althou...

新闻  2011/07/14 更新

Johnson Controls to integrate acquired companies into two divisions Johnson Controls Inc. recently completed the acquisition of German automotive suppliers C. Rob. Hammerstein (CRH), Keiper and Recaro Automotive. The acquired companies will be integrated into two new Johnson Controls product business units, Special Seats and Metals and Mechanisms. The Special Seats business unit, comprised of the Recaro Automotive seat business and the Keiper com...

新闻  2011/07/13 更新

Peguform to be acquired by the Indian Samvardhana Motherson Peguform GmbH announced that agreement was reached on the acquisition of the majority interest in the companies of the Peguform Group by the Indian Samvardhana Motherson Group. Samvardhana Motherson manufactures mirror systems and vehicle wire-harnesses, with more than 90 sites in 23 countries. The Peguform Group shows a revenue increase from approximately 1.1 billion euros in 2009 to pr...

新闻  2011/07/13 更新

Dana increases its stake in Dongfeng Dana Axle to 50 percent Dana Holding Corporation announced that it has acquired from Dongfeng Motor Co., Ltd (DFL) an additional 46 percent equity in Dongfeng Dana Axle Co., Ltd. (DDAC), a China-based joint venture, to achieve equal ownership. Dana paid 124 million USD to DFL. Headquartered in Xiangyang, Hubei Province, DDAC is the supplier of truck axles to Dongfeng Motor Co., Ltd. DDAC, originally formed in ...

新闻  2011/07/05 更新

Avon Automotive to be acquired by MGI Coutier Group Avon Automotive Holdings Inc. announced that MGI Coutier Group, France-based automotive and heavy goods vehicle component manufacturer, will acquire 100% of the capital of Avon Automotive. Avon Automotive will be consolidated as of July 1, 2011. Headquartered in Michigan, U.S., Avon Automotive is a supplier, with 10 production sites in 8 countries. This American Group is present in North America...

新闻  2011/06/27 更新

Continental to acquire Radar Engineering Unit from Magna Continental AG announced that it has acquired the Radar Engineering Unit located in Ottobrunn, Germany of Magna Electronics, an operating unit of Magna International Inc., anticipated to be effective July 1, 2011. Under this agreement eleven engineers will be transferred to Continental. The sale of the Radar Engineering Unit will allow Magna Electronics to concentrate on the development of ...

新闻  2011/06/20 更新

HUAYU Automotive Systems acquires two SAIC subsidiaries At the beginning of 2011, HUAYU Automotive Systems Company Limited acquired two subsidiaries of Shanghai Automotive Industry Corporation (SAIC). It purchased a 100 percent stake in both Shanghai Sandmann Foundry Co., Ltd. and Shanghai Xinfu Motorcycle Co., Ltd. The two companies were added to Huayu Automotive’s consolidated financial statements effective January 1, 2011. (From an anno...

新闻  2011/04/29 更新

3M acquires U.S.-based vehicle graphics provider 3M Co.announced that it has acquired Original Wraps Inc., a U.S.-based provider of vehicle graphics. Terms of the transaction were not disclosed. 3M has worked with Original Wraps since early 2010 to provide Scotchprint(R) Personalized Vehicle Graphics. (From a press release on April 20, 2011)...

新闻  2011/04/20 更新

Bosch relocates research technology center in U.S. The Bosch Group announced that it has relocated the Bosch Research Technology Center (RTC) in Pittsburgh, Pennsylvania, U.S. to the city's South Side to join Akustica, Inc., acquired by Bosch in 2009. Akustica Inc., a Carnegie Mellon University (CMU) spin-off, is a manufacturer of MEMS (micro-electromechanical systems) microphones. Established in 1999, Bosch RTC in Pittsburgh focuses on software ...

新闻  2011/04/06 更新

S&T Daewoo makes S&T Motors its subsidiary S&T Daewoo Co., Ltd. acquired all 31.52 percent shares of S&T Motors Co., Ltd. held by S&T Holdings Co., Ltd., making S&T Motors its subsidiary. S&T Daewoo and S&T Motors, which manufactures motors for motorcycles, will collaborate in developing electric motors and ECUs for electric vehicles. S&T Motors has headquarters and two production facilities in Changwon. (From a press release on January 28, 2011)...

新闻  2011/01/28 更新

3M acquires honeycomb composite material manufacturer 3M announced that it has acquired the business of Nida-Core Corp. Nida-Core, based in Port St. Lucie, Florida, US., manufactures honeycomb composite materials for various applications such as cars, trucks and buses. The acquisition agreement also provides for the acquisition by 3M of the business of France-based Structiso Sarl, a company affiliated with Nida-Core. The acquisition of Structiso ...

新闻  2010/12/30 更新