BETHESDA, MD — The number of merger and acquisition deals in the U.S. automotive parts and accessories industry in 2004 was the lowest in more than 10 years, down 29 percent from 2003, according to the 2005/2006 Aftermarket Factbook from AAIA.
A total of 35 reported mergers and acquisitions occurred among aftermarket businesses in 2004, down from 49 in 2003. Aftermarket manufacturers accounted for 77 percent of the industry’s mergers and acquisitions in 2004 with 27 deals. Most notable was the finalization of The Cypress Group’s acquisition of Dana’s aftermarket division, worth $1 billion.
In addition to information about aftermarket mergers and acquisitions, the four-color 2005/2006 Aftermarket Factbook includes statistical tables, charts, analysis and trends in the U.S. and key international markets covering such topics as the overall size of both the light-duty and heavy-duty aftermarkets; key market segments; DIY and DIFM consumer trends; purchases of aftermarket accessories and more.
The Aftermarket Factbook is available for $125 for AAIA members and $225 for non-members. The eFactbook, which offers a new “copy and paste” feature, is available to AAIA members for $199 and $299 to non-members.
To order by phone, call 301-654-6664, or order online at: www.aftermarket.org .