# Standard Motor Products acquires Nissens Automotive for $390M

Standard Motor Products, Inc. has completed the acquisition of Nissens Automotive, a European manufacturer and distributor of aftermarket engine cooling and air conditioning products, for approximately $390 million.

- Type: Acquisition
- Announced: 2024-11-01
- Where: Denmark
- Value: $390.0M
- Status: completed
- Products: engine cooling products, air conditioning products, vehicle control technologies
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Standard Motor Products](https://endata.com/companies/2489.md) (acquirer)
- [Nissens Automotive](https://endata.com/companies/51493.md) (target)
- [Nissens](https://endata.com/companies/81042.md) (target)

## Sources

- [smpcorp.com](https://www.smpcorp.com/newsroom/financial/smp-completes-acquisition-of-european-aftermarket-supplier-nissens-automotive), 2024-11-01: "We are very pleased to announce the closing of the Nissens acquisition."
- [aftermarketinsight.spglobal.com](https://aftermarketinsight.spglobal.com/news/3716/standard-motor-products-completes-acquisition-of-nissens), 2024-11-15: "Standard Motor Products (SMP), has announced the finalization of its acquisition of AX V Nissens III APS (Nissens), a European manufacturer and distributor of aftermarket engine cooling and air conditioning products."

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