American Axle & Manufacturing to acquire Tekfor Group for €125 million

American Axle & Manufacturing (AAM) announced it has entered into a definitive agreement to acquire Tekfor Group, a German specialist in automotive fasteners and metal formed components for e-mobility, for an enterprise value of €125 million. The transaction is expected to close in Q2 2022.

“AAM will acquire Tekfor Group for an enterprise value of €125 million.”sec.gov

• 1 source
• sec.govDocumentApr 11, 2022

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