# American Axle to acquire Dowlais Group for £1.2bn

American Axle & Manufacturing's £1.2bn takeover of UK car parts specialist Dowlais Group has received Chinese regulatory approval. The deal, first announced in January 2025, is expected to close in the current quarter.

- Type: Acquisition
- Announced: 2020-03-21
- Where: United Kingdom
- Value: $1.52B (1.20B GBP)
- Status: announced
- Products: drivetrain products
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [American Axle & Manufacturing Holdings, Inc.](https://endata.com/companies/16987.md) (acquirer)
- [Dowlais Group](https://endata.com/companies/46062.md) (target)

## Sources

- [pilling.co.uk](https://www.pilling.co.uk/home/profiles/news-and-research/external-news/article/?category=news-and-announcements&slug=china-backs-american-axles-pound12bn-takeover-of-dowlais&story_id=21511463), 2020-03-21: "Chinese regulators have backed American Axle & Manufacturing’s £1.2bn takeover of UK car parts specialist Dowlais Group, it was confirmed on Friday."

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