India Inc Goes Abroad - MAPE Advisory Group
India Inc Goes Abroad - MAPE Advisory Group
India Inc Goes Abroad - MAPE Advisory Group
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
TH E DEAL DETAILS<br />
Automotives Sector<br />
Acquirer Target Country Date Deal Size Remarks<br />
Amtek Auto Smith Jones <strong>Inc</strong> USA Dec-02 7.4 100% buyout of Iowa based manufacturer of flywheel ring<br />
gears and flex plates<br />
Amtek Auto GWK Amtek Ltd. UK Jul-03 10.7 85% stake in UK based manufacturer of vehicle parts and<br />
components and holding company of King Automotive<br />
Systems Ltd. and Geo W King Ltd<br />
Amtek Auto Zelter GmbH Germany Jul-05 Est. < 5.0 70% stake in Germany based manufacturer of machined turbo<br />
charger housings<br />
Amtek Auto Tyco International<br />
(Forgings Business)<br />
Bharat Forge Carl Dan Peddinghus<br />
GmbH<br />
Bharat Forge CDP AluminTechnik<br />
GmbH<br />
Bermuda Jan-06 5.0 100% stake in forgings plant which has an annual capacity of<br />
30-35ktpa<br />
Germany Nov-03 33.9 100% acquisition of German based company having an annual<br />
turnover of US$142mn in an asset purchase deal<br />
Germany Dec-04 8.3 100% acquisition of Germany based aluminum forge<br />
components manufacturer having an annual turnover of<br />
US$42.7mn<br />
Bharat Forge Federal Forge <strong>Inc</strong> USA Jun-05 9.1 100% stake in US based company which had filed for<br />
protection under Chapter 11 of the U.S. Bankruptcy Code<br />
Bharat Forge Imatra Kilsta AB Sweden Sep-05 61.0 100% stake in front axle beams and crankshafts manufacturer<br />
having an annual turnover of about US$132mn in 2004<br />
Bharat Forge FAW <strong>Group</strong> China Dec-05 Est. < 5.0 Acquired stake in a JV with China's largest automotive group<br />
Eicher Motors Design Intent<br />
Engineering <strong>Inc</strong>.<br />
USA Jun-05 2.5 100% stake in Detroit based engineering services provider<br />
having several leading OEMs and Tier-1 manufacturers as its<br />
customers<br />
18