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Aptiv completes acquisition of 85% stake in Intercable Automotive Solutions · Endata

◂ Announcements

Dec 1, 2022ACQUISITIONItaly

Aptiv completes acquisition of 85% stake in Intercable Automotive Solutions

Aptiv completed the acquisition of an 85% equity stake in Intercable Automotive Solutions from Intercable S.r.l. for €595 million. Intercable specializes in high voltage power distribution and interconnect technology.

Value

$630.0M (595.0M EUR)

Status

Completed

Productshigh voltage power distributioninterconnect technology

CompaniesAptiv acquirer Intercable Automotive Solutions target Intercable partner

Sectors#Automotive Components #Electrical Equipment

“Aptiv PLC has completed the acquisition of an 85% equity stake in Intercable Automotive Solutions from Intercable S.r.l.”aptiv.com

3 sources
aptiv.comAptiv Completes the Acquisition of Intercable Automotive SolutionsPress ReleaseDec 1, 2022
ir.aptiv.comAptiv PLC - Aptiv Completes the Acquisition of Intercable Automotive SolutionsDec 1, 2022
autotechinsight.spglobal.comAptiv completes acquisition of Intercable Automotive Solutions - Automotive Technology Insight | Forecasts | Industry News | Supply ChainDec 2, 2022

Summarized from public sources; check the original articles before acting on it.

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Sep 13, 2022ACQUISITIONBruneck, Italy, Italy$595.0M
Aptiv signs agreement to acquire 85% stake in Intercable Automotive Solutions for €595 million
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Sep 22, 2021NEW FACILITYOujda Technology Park, Oujda, Morocco$43.8M3,500 jobsops Jun 2022
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Aug 19, 2021EXPANSIONReynosa, Tamaulipas, Mexico$16.4M
Aptiv opens $16.4M technology lab in Reynosa, expanding production capacity
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Sep 24, 2020EXPANSIONNovi Sad, Serbia600 jobsops 2020
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