# SFS Group completes acquisition of Truelove & Maclean

SFS Group AG completed the acquisition of Truelove & Maclean Inc. from Richard Bouffard. T&M, which generated sales of about $36 million in 2019, will become part of SFS's Automotive division within the Engineered Components segment.

- Type: Acquisition
- Announced: 2020-04-01
- Where: Watertown, United States
- Status: completed
- Products: engineered components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [SFS Group](https://endata.com/companies/20048.md) (acquirer)
- [Truelove & Maclean](https://endata.com/companies/46242.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/SFS-GROUP-AG-16421371/news/SFS-Group-AG-completed-the-acquisition-of-Truelove-Maclean-Inc-from-Richard-Bouffard-33925592/), 2020-03-31: "T&M will become part of the Automotive division within the Engineered Components segment."

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