Tupy acquires Teksid's cast iron components business from FCA for €210M

Tupy S.A. entered into an agreement to acquire FCA's global cast iron automotive components business, operated through Teksid S.p.A., for €210 million. The deal includes facilities in Brazil, Mexico, Poland, Portugal, a joint venture in China, and engineering and sales offices in Italy and the US.

“Tupy S.A. today announced that it has entered into an agreement for the acquisition of FCA's global cast iron automotive components business, which is operated through FCA's subsidiary Teksid S.p.A.”foundry-planet.com

• 3 sources
• foundry-planet.comTupy acquires Teksid´s cast iron components business from Fiat Chrysler AutomobilesJan 11, 2020
• thelatinamericanlawyer.comCleary Gottlieb counsels Tupy on Teksid acquisition - The Latinamerican LawyerFeb 5, 2020
• moderncasting.comTupy acquires Teksid's cast iron business | Modern CastingFeb 20, 2020

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