Standard Motor Products acquires Kade Trading GmbH

Standard Motor Products acquired 100% of Kade Trading GmbH, a Glinde, Germany-based supplier of mobile temperature control components with about $6 million in 2021 revenue, funded from its revolving credit facility. The announcement was made on October 5, 2022.

“Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced today that it has acquired 100% of the capital stock of Kade Trading GmbH, headquartered in Glinde, Germany.”smpengineeredsolutions.com

• 2 sources
• smpengineeredsolutions.comSMP Announces Acquisition of Kade Trading GmbH - Standard Motor Products, Inc.Oct 5, 2022
• prnewswire.comStandard Motor Products, Inc. Announces Acquisition of Kade Trading GmbHOct 5, 2022

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