SAF-HOLLAND Acquires Trailer Tire Pressure Management Specialist, PressureGuard
This acquisition strengthens the SAF-HOLLAND product portfolio for tire pressure systems in North America and adds a key foundational element in advanced digital SMART products for trailer applications.
UQM Technologies To Be Acquired By Denmark-Based Danfoss
Danfoss will acquire all outstanding common shares of UQM for $1.71 per share in an all-cash transaction valued at approximately $100 million, including the assumption of UQM’s debt.
IDIDIT LLC Purchases Schroeder Steering
Schroeder Steering is a California-based manufacturer of quick release steering hubs and steering boxes. The acquisition included all inventory, machines, castings, molds, prints, specifications and original tooling owned by Schroeder – along with 75 years of manufacturing knowledge to be implemented at IDIDIT LLC’s Tecumseh, Michigan, facility.
Trico Group Acquires The Performance Pump Business From UCI
“We are excited to add Airtex Fuel Pumps and ASC Water Pumps to our current Carter Fuel Pumps portfolio,” said Jay Burkhart, president of TRICO Group. “We will now provide to our customers the industry’s strongest program in the pump category.”
DiversiTech Acquires Stride Tool LLC
DiversiTech says this acquisition strengthens the company’s expansive tool offering for HVAC/R technicians.
Motorcar Parts Of America Acquires Heavy-Duty Rotating Electrical Products Company
Motorcar Parts of America has acquired Ontario, Canada-based Dixie Electric Ltd. in a stock purchase transaction. Terms were not disclosed.
Genuine Parts Co. Completes Automotive Acquisition In Germany
GPC’s Alliance Automotive Group acquires Germany’s Hennig Fahrzeugteile Group.
PPG To Acquire Automotive Coatings Manufacturer Hemmelrath
Headquartered in Klingenberg, Germany, Hemmelrath is a family-owned manufacturer of coatings for automotive OEMs. Hemmelrath supplies automotive plants worldwide, and more than 7 million vehicles are coated with its products each year.
Safelite Group Acquires Glasspro
Glasspro is an award-winning, independent auto glass repair and replacement company founded in 1995 by Paul Heinauer, a well-respected leader in the industry and pillar of the Charleston, South Carolina, community.
Motorcar Parts Of America Acquires E&M Power
MPA says it is expanding its position within the electric vehicle testing market with this acquisition.
Great Western Leasing and Sales Acquires All Points Equipment To Expand Branch Network Into The Midwest
All Points Equipment Leasing is a Dearborn, Michigan-based business that offers trailer rental, new and used trailer sales, repair and maintenance service and over-the-counter parts sales to customers in the Detroit metropolitan area.
Molex Completes Acquisition Of Laird Connected Vehicle Solutions Business
The investment extends Molex’s capabilities to enhance connected mobility solutions for automotive manufacturers building intelligent next-generation vehicles.
