Automotive Acquisitions in 2018

Showing 3 transactions.

  • Buyer
    Butcher Engineering Enterprises, Ltd., Spencer Butcher Group
    Target
    Autrans Ingersoll
    Seller
    Autrans Corporation, Sojitz Corporation
    Industry
    Automotive
    Location
    Ontario, Canada
    Type
    Divestiture

    Butcher Engineering Enterprises, Ltd., a holding of the family-owned Spencer Butcher Group, acquired the Autrans Ingersoll value-added assembly operations from Autrans Corporation (a subsidiary of Sojitz Corporation). The transaction transfers the Ingersoll, Ontario automotive just-in-time/just-in-sequence assembly operation to Spencer Butcher Group, expanding its high-complexity, high-volume manufacturing capabilities.

  • Buyer
    Chongqing Boao Industrial Co., Ltd
    Target
    Federal‑Mogul interior lighting business
    Seller
    Federal‑Mogul Corporation
    Industry
    Automotive
    Location
    Tennessee, United States
    Type
    Divestiture

    Chongqing Boao Industrial Co., Ltd acquired the interior lighting business of Federal‑Mogul Corporation in a divestiture announced January 2018. The business — based in Sparta, Tennessee with a technical center in Ann Arbor, Michigan — manufactures interior lighting assemblies and components (overhead lamps, door/floor lamps, LED ambient lighting, trunk/under‑hood lamps) sold to light‑vehicle OEMs and Tier‑1 suppliers.

  • Buyer
    Directed, DEI Holdings, Charlesbank Capital Partners
    Target
    Alcohol Detection Systems (ADS)
    Seller
    Nick Cassiere
    Industry
    Automotive
    Location
    Maryland, United States
    Type
    Buyout

    Directed, a division of DEI Holdings, has acquired Alcohol Detection Systems (ADS), a provider of ignition interlock (breathalyzer) devices sold under the Determinator product line. The acquisition gives Directed national distribution and service capabilities to expand ADS's business in DUI/DWI remediation programs and the automotive aftermarket.

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