Remy International Schedules Special Meeting Of Stockholders In Connection With BorgWarner’s Proposed Acquisition
The special meeting is scheduled to be held at 10 a.m. on Tuesday, Sept. 22 at Remy’s headquarters in Pendleton, Indiana. Stockholders of record as of the close of business on Aug. 14 will be entitled to notice of and to vote (in person or by proxy) at the special meeting and at any adjournment or postponement thereof.
Remy International Announces Second Quarter 2015 Results
The company reported net sales of $272 million for the second quarter of 2015, compared to $302.9 million for the second quarter of 2014.
Remy Adds Light Duty Aftermarket Coverage For 7M Vehicles In Operation
New part numbers include starters and alternators for late-model vehicles from BMW, Audi, Hyundai, Kia, Infinity, Volkswagen, Mitsubishi, Opel, Mazda, Subaru and Honda. Remy also added to its domestic portfolio this year, with new part numbers and increased coverage for GM, Ford and Chrysler vehicles.
Remy To Be Acquired By BorgWarner
Under the terms of the agreement, BorgWarner will acquire all of the outstanding shares of Remy for $29.50 per share, in cash, which implies an enterprise value of Remy of approximately $1.2 billion.
First Recipients Announced For Annual Scholarships Honoring The Late Jeremy Denton, AASA OAC Executive Director
The OAC Board of Directors initiated the memorial fund through the University of the Aftermarket Foundation in November 2014. Each year, $1,000 annual scholarships will be presented to one male and one female student pursuing careers in the automotive aftermarket industry.
Q&A: Yokohama Tire Corp.’s Jeremy Kahrs Discusses Supply Chain Management Strategy And Logistics
Yokohama’s senior director reveals the strategy behind the tire maker’s new distribution center and headquarters.
Remy International Announces First Quarter 2015 Results
Remy reported net sales of $303.4 million for the first quarter of 2015 compared to $306 million for the first quarter of 2014.
Remy Adds New Aftermarket Light-Duty Parts Coverage
Starters and alternators for model years 2013 and 2014 add coverage for 2.1 million vehicles in operation.
Remy International Acquires Maval Manufacturing
Strategic acquisition strengthens company’s product portfolio.
Remy International Announces Fourth Quarter, Full Year 2014 Results
PENDLETON, Ind. – Remy International announced its financial results for the fourth quarter and full year ended Dec. 31, 2014. The company reported net sales of $281.4 million for the fourth quarter of 2014, a decrease of 5 percent compared to $297.2 million for the fourth quarter of 2013. Remy reported adjusted EBITDA of $33.8