# Alpen'Tech, Kartesis and MGI Coutier acquire assets of Frank & Pignard and Precialp

The Tribunal de Commerce de Grenoble validated a joint offer by Alpen'Tech, Kartesis and MGI Coutier to acquire the assets of Frank & Pignard and Precialp, two automotive equipment subsidiaries of Maike Automotive, through a holding company Bionnassay M&P Technology.

- Type: Acquisition
- Announced: 2018-02-21
- Where: Thyez and Ayze, France
- Status: announced
- Products: fluid management systems, power steering components, engine components, turbocharger components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Alpen'Tech](https://endata.com/companies/30210.md) (acquirer)
- [Kartesis](https://endata.com/companies/30211.md) (acquirer)
- [MGI Coutier](https://endata.com/companies/30212.md) (acquirer)
- [Frank & Pignard](https://endata.com/companies/30213.md) (target)
- [Precialp](https://endata.com/companies/30214.md) (target)
- [Maike Automotive](https://endata.com/companies/30215.md) (target)

## Sources

- [abcbourse.com](https://www.abcbourse.com/marches/reprise-des-actifs-des-societes-frank-et-pignard-et-precialp_426945), 2018-02-21: "Les sociétés Alpen'Tech, Kartesis et MGI Coutier, trois équipementiers automobile à dimension internationale et le Crédit Agricole des Savoie annoncent ce jour que le Tribunal de Commerce de Grenoble a validé leur offre conjointe visant à reprendre les actifs de deux filiales du Groupe Maike Automot"

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