◂ Announcements

Nov 8, 2023ACQUISITIONGermany

CITIC Dicastal acquires KSM Castings from Cognetas

Chinese auto-parts maker CITIC Dicastal has acquired German auto-parts supplier KSM Castings from European buyout firm Cognetas for an estimated EUR 300 million.

Value

$430.5M (300.0M EUR)

Status

Completed

Productslight metal casting products for automotive industry

CompaniesCITIC Dicastal Manufacturing KSM Castings target Cognetas partner

Sectors#Automotive Components

“European buyout firm Cognetas has sold German auto-parts supplier KSM Castings to China’s CITIC Dicastal Manufacturing for an undisclosed sum.”avcj.com

1 source
avcj.comChinese autopart maker buys KSM from European buyout firm | AVCJAnita DavisNov 8, 2023

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

Similar announcements

Nov 11, 2025ACQUISITIONSchongau, Germany
Nimbus acquires Hoerbiger's Kompressortechnik compressor components unit
HOERBIGER partner Hoerbiger Kompressortechnik Holding target mainsights.io hydrogen.hoerbiger.com merkur.de
Nov 5, 2026ACQUISITIONUnited States$400.0M
Nemi to go public via merger with BHAV Acquisition Corp at $400M valuation
Nemi Corp. target BHAV Acquisition Corp acquirer globenewswire.com
Nov 5, 2026ACQUISITIONPhoenix, Arizona, United States
The Partner Companies acquires F&B MFG to strengthen aerospace and defense metal forming
The Partner Companies acquirer F&B MFG target defenseandmunitions.com
Nov 5, 2026ACQUISITIONKuala Lumpur, Malaysia$6.60M
AutoV Corp acquires Proreka for RM27.88 million
AutoV Corp acquirer Proreka (M) Sdn Bhd target theedgemalaysia.com
Nov 4, 2026EXPANSIONBrilon, Germany$5.50M
LANXESS commissions two additional Tepex production lines in Brilon
LANXESS Bond-Laminates GmbH forpressrelease.com
Nov 3, 2026PRODUCT LAUNCHGermany and UK (multiple sites), Germany
BMW and Embotech reach 1 million automated in-plant vehicle moves
BMW Embotech partner roboticweldingcells.com

Loading…