# American Axle & Manufacturing to acquire Metaldyne Performance Group

American Axle & Manufacturing (AAM) has entered into a definitive agreement to acquire Metaldyne Performance Group (MPG), a provider of engineered components for light vehicle, commercial vehicle and industrial markets. The combined company will have sales of nearly $7 billion.

- Type: Acquisition
- Announced: 2016-11-03
- Where: Detroit, MI and Southfield, MI, United States
- Value: $1.60B
- Status: announced
- Products: engine, transmission and driveline components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [American Axle & Manufacturing Holdings, Inc.](https://endata.com/companies/16987.md) (acquirer)
- [Metaldyne Performance Group Inc.](https://endata.com/companies/16988.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1062231/000094787116001615/ss17668_425.htm), 2016-11-03: "This morning we announced that AAM has entered into a definitive agreement to acquire Metaldyne Performance Group (MPG)."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1616817/000119312516759086/d264480dex991.htm), 2016-11-03: "AAM's transformational acquisition of MPG brings together two complementary Tier 1 organizations to create a company with greater scale and increased diversity across products, customers and end markets."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1062231/000106223116000137/exhibit.htm), 2016-11-03: "AAM's transformational acquisition of MPG brings together two complementary Tier 1 organizations to create a company with greater scale and increased diversity across products, customers and end markets."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1062231/000106223116000136/exhibit.htm), 2016-11-03: "AAM's transformational acquisition of MPG brings together two complementary Tier 1 organizations to create a company with greater scale and increased diversity across products, customers and end markets."
- [reuters.com](https://www.reuters.com/article/business/american-axles-16-billion-metaldyne-buy-to-help-grow-beyond-gm-idUSKBN12Y1BO/), 2016-11-03: "American Axle & Manufacturing Holdings Inc has agreed to buy Metaldyne Performance Group Inc for about $1.6 billion."
- [autonews.com](https://www.autonews.com/article/20161107/OEM10/311079956/american-axle-finds-solace-in-metaldyne-deal), 2016-11-07: "Last week, American Axle announced plans to acquire Metaldyne Performance Group Inc. for $3.3 billion, a deal that allows it to declare that it is truly independent of its former parent, General Motors."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.