JASPER Acquires Diesel USA Group Inc.
The Diesel USA Group will remain a separate company and brand as it becomes part of the JASPER ESOP.
FCA Withdraws Merger Proposal To Groupe Renault
FCA initially submitted a 50/50 merger proposal to Group Renault on May 28. Political conditions in France were cited as a reason for the change of course.
DexKo Global Completes Acquisition Of Preston Chassis Industries Pty Ltd.
Preston Chassis manufactures chassis and other products from multiple facilities in Campbellfield, Victoria. According to Dexko, the company has earned a well-regarded reputation in the industry for its high-quality products and leading customer service.
NASCAR To Acquire ISC In Merger
The merger was unanimously approved by a special committee comprised of independent directors of the board of directors of ISC and was later unanimously approved by the full board.
AMALIE Oil Acquires Lubricating Specialties Co.
With the addition of the LSC locations, the combined business will sell to and service customers both domestically and internationally, from what AMALIE says will be “the strongest and most efficient platform in the industry.”
Bondurant School Of High Performance Driving Purchased By Stig Investments
In conjunction with the purchase, the new owners and FCA US LLC announced that the school will continue as “The Official Performance Driving School of Dodge//SRT.”
Tesla Completes Acquisition Of Maxwell Technologies
As of the expiration of the exchange offer, a total of approximately 36,764,342 shares of common stock of Maxwell were validly tendered in the exchange offer and not validly withdrawn, representing approximately 79% of the aggregate voting power of the shares of Maxwell common stock
Calsonic Kansei And Magneti Marelli Unite Under New Worldwide Brand
The company will now be known as MARELLI, as part of the two combined companies’ strategy to compete on a global scale.
Truck Hero Announces Strategic Acquisition Of Lund International
Lund, based in Buford, Georgia, designs, manufactures and markets branded automotive accessories for a full assortment of passenger cars, light trucks, SUVs, CUVs and Jeeps, as well as the heavy truck category.
Meritor To Acquire AxleTech, Enhancing Growth Platform In Off-Highway, Defense And Aftermarket Segments
Meritor will acquire AxleTech for approximately $175 million in cash, adjusted for changes in working capital at closing and subject to regulatory approvals and customary closing conditions.
Ellis Battery Acquired by Continental Battery
Ellis Battery was founded in 1998 by Dwayne, Darron and Lesley Ellis in Fredericktown, Missouri. Over the years, the business has grown steadily to now include six locations in Missouri, with a new site in Byhalia, Mississippi, which serves the Mississippi and Western Tennessee markets.
Vari-Form Has Been Acquired By FCA
Angle Advisors acted as the exclusive investment banking adviser to Vari-Form in completing this transaction.
