# Dana completes purchase of Brevini power-transmission and fluid power businesses

Dana Incorporated completed the acquisition of 80% of the power-transmission and fluid power businesses of Brevini Group, with an option for the remaining 20% by 2020. The 100% value was set at EUR 325 million including about EUR 100 million of net debt, funded with cash on hand.

- Type: Acquisition
- Announced: 2017-02-01
- Where: Italy
- Value: $347.0M (325.0M EUR)
- Status: completed
- Products: power-transmission products, fluid power products, off-highway driveline systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Dana Incorporated](https://endata.com/companies/369.md) (acquirer)
- [Brevini Group](https://endata.com/companies/370.md) (target)

## Sources

- [dana.com](https://www.dana.com/newsroom/press-releases/dana-completes-purchase-of-brevini-power-transmission-fluid-power-businesses/), 2017-02-02: "Dana purchased an 80 percent share in the Brevini businesses, with an option to purchase the remaining 20 percent by 2020."
- [prnewswire.com](https://www.prnewswire.com/news-releases/dana-showcases-full-value-of-integration-with-brevini-at-conexpo-conagg-300418701.html), 2017-03-07: "Dana announced in February that it completed the acquisition of the power-transmission and fluid power businesses of Brevini Group, S.p.A."

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