Angle Advisors has announced that Fiat Chrysler Automobiles N.V. (FCA) has acquired certain assets from Vari-Form Inc.
Angle Advisors acted as the exclusive investment banking adviser to Vari-Form in completing this transaction.
Based in Strathroy, Ontario, Vari-Form originated the concept and application of tubular hydroforming to body, chassis and other automotive structural parts. Vari-Form is an industry leader in hydroforming, with more than 100 million parts produced to date. The company began volume production using its patented Pressure-Sequence Hydroforming (PSH) process in 1990. Vari-Form’s products include front end structures, frame rails, box supports, roof rails and engine cradles. From its 268,000-square-foot facility, the company offers full-service design engineering, tubular hydroforming, welding and assembly, as well as secondary processes such as shearing, laser cutting and in-die hole piercing.