Solero Technologies to acquire Kendrion's automotive business for $70M

Solero Technologies, backed by Atar Capital, signed an agreement to acquire Kendrion's automotive business in Europe and the United States for an enterprise value of roughly $70 million. The transaction is expected to close in Q3 2024.

“The acquisition of Kendrion’s automotive business will further expand Atar’s purpose-driven portfolio into the automotive industry.”atarcapital.com

• 1 source
• atarcapital.comAtar Capital Announces Solero Technologies Signs Agreement to Acquire Kendrion’s Automotive Business -Atar AdminApr 15, 2024

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