# Tower International agrees to sell to Autokiniton Global Group for $900 million

Tower International and Autokiniton Global Group jointly announced on July 12, 2023, that Tower agreed to sell to AGG for $900 million. The acquisition is expected to close in September or October 2023.

- Type: Acquisition
- Announced: 2023-07-12
- Where: United States
- Value: $900.0M
- Status: announced
- Products: metal parts, stampings
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Autokiniton Global Group](https://endata.com/companies/40582.md) (acquirer)
- [Tower International](https://endata.com/companies/40583.md) (target)

## Sources

- [haythink.com](https://www.haythink.com/metal-and-parts-supplier-tower-international-agrees-to-sell-to-autokiniton-global-group-agg-for-900-million/), 2024-01-15: "Metal and parts supplier Tahoe International and private equity-owned company Autokiniton Global Group (AGG) jointly announced on Friday (July 12) that Tahoe agreed to sell to AGG for $ 900 million."

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