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India Inc Goes Abroad - MAPE Advisory Group

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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

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