# GRAMMER AG sells TMD Group to APC Parent LLC

GRAMMER AG has signed an agreement to sell the Toledo Molding & Die Group (TMD Group) to APC Parent LLC. The TMD Group, headquartered in Toledo, Ohio, produces thermoplastic components for the automotive industry and had revenues of USD 213 million in 2023.

- Type: Acquisition
- Announced: 2024-09-20
- Where: Toledo, Ohio, United States
- Value: $40.0M
- Status: announced
- Products: thermoplastic components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Grammer](https://endata.com/companies/32001.md)
- [Grammer Aktiengesellschaft](https://endata.com/companies/79969.md)
- [Toledo Molding & Die](https://endata.com/companies/32002.md) (target)
- [Jifeng Co.](https://endata.com/companies/70568.md) (investor)
- [APC Parent LLC](https://endata.com/companies/79961.md) (acquirer)

## Sources

- [uk.marketscreener.com](https://uk.marketscreener.com/quote/stock/GRAMMER-AG-436139/news/GRAMMER-AG-sells-TMD-Group-in-North-America-47910518/), 2024-09-20: "GRAMMER AG today signed an agreement to sell the Toledo Molding & Die Group (TMD Group), headquartered in Toledo, Ohio, USA."
- [zhitongcaijing.com](https://www.zhitongcaijing.com/content/detail/1185575.html), 2024-09-22: "为聚焦主业，提升公司的核心竞争力，公司拟同意格拉默将TMD LLC出售。"

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