Lansing-based Air Lift Co., a manufacturer of automotive aftermarket air suspension products, acquired San Bernardino-based Universal Air Suspension, a maker of patented air bags, air management systems, tanks, valves and compressors.
Mursix Corporation acquired Aul Brothers Tool and Die, an automotive aftermarket tool and die business, with the deal finalized in mid-2023 and terms undisclosed. Aul Brothers production moved to Mursix's Park One headquarters and is expected to account for about 10% of sales.
Swedish component maker Concentric AB acquired Engineered Machined Products Inc. (EMP) of Syosset, New York, a producer of electric and mechanical pumps, electric fans and thermal management systems, for approximately USD 147 million in cash.
CentroMotion, owned by an affiliate of One Rock Capital Partners, signed a definitive agreement to acquire Carlisle Brake & Friction from Carlisle Companies. CBF, based in Medina, Ohio, makes friction materials and mechatronic brake and transmission products for off-highway vehicles.
Link Mfg has acquired valve and suspension control product lines, related technology and key staff from Hadley Products Corp, including the SmartValve height control system and Smart Air Management System. The deal was announced on March 9, 2021.
Specialty Products Company acquired the assets and team of Peterson Fluid Systems, a maker of performance oil pumps, tanks and fluid system components, in Henderson, Colorado.
Magna International, through a wholly owned subsidiary in a joint venture, agreed to purchase the remaining 50 per cent interest in STT Technologies, a North American supplier of transmission and engine oil pumps.
Trelleborg signed an agreement to acquire US-based TriTec Seals, a maker of engineered PTFE sealing solutions for automotive and other industries, through its Sealing Solutions business area. Completion is expected before the end of December 2019.
Vernet Group, a portfolio company of Stirling Square Capital Partners, acquired Rostra Vernatherm, a portfolio company of Nikel Holdings and Valencia Capital, for an undisclosed amount. Rostra makes thermal control products for aerospace and defense, automotive and general industrial markets and will be renamed Vernatherm by Vernet.
TRICO Group acquired the Performance Pumps business of UCI International Holdings, comprising ASC Industries and Airtex Products, with the deal effective immediately. The announcement is dated 15 January 2019 and no value was stated.
Hexagon Composites signed an agreement to acquire the remaining 50% of Agility Fuel Solutions, valuing Agility's equity at USD 250 million on a 100% basis. Closing is expected in January 2019.
Tramec Sloan, a subsidiary of Tramec, has acquired Fleet Engineers of Muskegon, Michigan, a maker of aerodynamic, door system and spray control products for the truck and trailer industry. Fleet Engineers will operate as an autonomous division.
BorgWarner agreed to acquire Sevcon, Inc. in a transaction with an enterprise value of approximately $200 million, subject to Sevcon shareholder approval and competition clearance.
Keihin IPT Mfg, LLC completed its acquisition of Keihin Aircon North America, Inc. from Keihin Corporation and others in April 2017, after agreeing the deal on February 21, 2017.