# Standard Motor Products acquires Stabil Group

Standard Motor Products, Inc. acquired 100% of the capital stock of Stabil Operative Group GmbH, a German manufacturer of electronic sensors, control units, and clamping devices for the European OE market. Stabil generates approximately $25 million in annual revenue and has facilities in Germany and Hungary.

- Type: Acquisition
- Announced: 2021-09-01
- Where: Stuttgart, Germany, Germany
- Jobs: 230
- Status: completed
- Products: electronic sensors, control units, clamping devices
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Standard Motor Products](https://endata.com/companies/2489.md) (acquirer)
- [Stabil Operative Group](https://endata.com/companies/57438.md) (target)

## Sources

- [smpengineeredsolutions.com](https://www.smpengineeredsolutions.com/news/smp-announces-acquisition-of-stabil-group/), 2021-09-01: "Standard Motor Products, Inc. announced today that it has acquired 100% of the capital stock of Stabil Operative Group GmbH."

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