Tesla Motors Acquires Riviera Tool, LLC
May 8, 2015
Tesla Motors, Inc. acquired substantially all assets of Riviera Tool, LLC, a Grand Rapids-based tool and die manufacturer that serves automotive, heavy truck, and military vehicle markets. The purchase brings in-house stamping and die capabilities from Riviera's 170,000 sq. ft. facility and ~100 skilled employees, supporting Tesla's vehicle manufacturing and supply chain needs.
- Buyers
- Tesla Motors, Inc.
- Targets
- Riviera Tool, LLC
- Sellers
- Riviera Tool, LLC
- Industry
- Manufacturing
- Location
- Michigan, United States
- Transaction Type
- Buyout
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