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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

CIE Automotive acquires Iber-Oleff Brasil from Iberomoldes for €20 million · Endata

◂ Announcements

Feb 3, 2023ACQUISITIONSalto, São Paulo, Brazil

CIE Automotive acquires Iber-Oleff Brasil from Iberomoldes for €20 million

CIE Automotive acquired 100% of Iber-Oleff Brasil from Iberomoldes for €20 million, plus €2 million for adjacent land for expansion. The Brazilian subsidiary, located in Salto, São Paulo, manufactures plastic components for vehicle interiors.

Value

$21.5M (20.0M EUR)

Jobs

400

Status

Completed

Productsplastic components for vehicle interiors

CompaniesCIE Automotive acquirer Iberomoldes partner Iber-Oleff Brasil target

Sectors#Automotive Components #Plastics and Polymers

“A integração da Iber-Oleff Brasil dá-nos acesso aos principais OEM asiáticos no país, além de reforçar o nosso posicionamento junto das OEM europeias e americanas.”regiaodeleiria.pt

1 source
regiaodeleiria.ptIberomoldes vende Iber-Oleff Brasil por 20 milhões de euros a empresa espanhola - Região de LeiriaCarlos FerreiraFeb 3, 2023

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

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