# 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.

- Type: Acquisition
- Announced: 2022-10-05
- Where: Glinde, Germany
- Status: completed
- Products: electric compressors, hose assemblies, receiver dryers, temperature control components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Standard Motor Products](https://endata.com/companies/2489.md) (acquirer)
- [Kade Trading GmbH](https://endata.com/companies/9773.md) (target)

## Sources

- [smpengineeredsolutions.com](https://www.smpengineeredsolutions.com/news/smp-announces-acquisition-of-kade-trading-gmbh/), 2022-10-05: "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."
- [prnewswire.com](https://www.prnewswire.com/news-releases/standard-motor-products-inc-announces-acquisition-of-kade-trading-gmbh-301641311.html), 2022-10-05: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.