BorgWarner Enters Into Agreement To Acquire Sevcon
“This acquisition supports our existing strategy to supply leading technology for all types of propulsion systems: combustion, hybrid and electric,” said James Verrier, president and CEO of BorgWarner.
KPS Capital Partners’ Portfolio Company Chassis Brakes International Completes Successful Recapitalization
KPS will acquire Bosch’s ownership stake in Chassis Brakes International.
Timken To Acquire Groeneveld Group, Enhancing Its Lubrication Systems Platform
Groeneveld Group is headquartered in Gorinchem, The Netherlands, with manufacturing facilities in Italy. Automatic lubrication delivery systems, which enhance vehicle and machine uptime through automated maintenance and safety support, represent the predominance of the company’s offering.
Takata Corp. And Key Safety Systems Reach Agreement In Principle Regarding Sale Of Substantially All Of Takata’s Assets
Under the agreement, KSS will acquire substantially all of Takata’s assets, except for certain assets and operations that relate to the company’s manufacturing and sale of phase-stabilized ammonium nitrate airbag inflators.
Internet Of Things Inc. Signs Letter Of Intent To Acquire Weather Telematics Inc.
Weather Telematics is at the forefront of the explosive growth opportunity presented by the combination of artificial intelligence (AI) and the rapidly expanding autonomous vehicle market.
Golden Gate Capital Acquires Express Oil Change & Tire Engineers
Express Oil will remain headquartered in Birmingham, Alabama, and will continue to be led by its current management team, including CEO Ricky Brooks.
Intel Announces Approval For Proposed Acquisition Of Mobileye Under Israel Restrictive Trade Practices Law
The approval from the Israeli Antitrust General Director satisfies a condition to the closing of the previously announced all cash tender offer by Cyclops Holdings LLC, a wholly owned subsidiary of Intel, to purchase all of the outstanding ordinary shares of Mobileye.
Uni-Select Inc. And Bumper to Bumper Announce The Acquisition Of KC Distributing In Ontario, Canada
KC Distributing is a family-owned enterprise with more than 30 employees, and provides quality automotive products and excellent service to the Southwestern Ontario market.
Niteo Products, A Portfolio Company Of Highlander Partners, Acquires Cyclo Industries
All operations will continue to be conducted from the Jupiter, Florida, facility, and will continue to be led by Vice President Doug Salazar.
Gates Acquires Assets Of Techflow Flexibles, Strengthens Position In The Global Fluid Power Market
The deal enhances Gates’ product portfolio, manufacturing and product development capabilities in the global oil and gas industry.
Audax Private Equity Announces Sale Of Rough Country
Rough Country, headquartered in Dyersburg, Tennessee, is a customer-focused provider of suspension lift kits to the off-road SUV and truck market.
Superior Industries Concludes Tender Offer For Purchase Of Shares Of UNIWHEELS AG
In conjunction with the close of the tender offer, Don Stebbins and Kerry Shiba will join the supervisory board of UNIWHEELS.
