Auto Parts M&A » By The Online Investor Staff, updated Fri., Apr. 19, 9:27 PM
Recent mergers and acquisitions in the Auto Parts M&A category.
| This Slide: #43 of 43 |
Slide #43. Magna International Inc. — ixetic Verwaltungs GmbH
Acquirer:
Magna International Inc. (NYSE:MGA)
Acquiree:
ixetic Verwaltungs GmbH
Details:
Magna International Inc. announced that it has signed an agreement to acquire ixetic Verwaltungs GmbH ("ixetic"), a manufacturer of automotive vacuum, engine and transmission pumps with two manufacturing facilities in Germany, and one in each of Bulgaria and China. ixetic had full year 2011 total sales of approximately 300 million.
Magna International is an automotive supplier that has vehicle engineering and contract manufacturing capabilities, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting and roof systems. Co. also has electronic and software capabilities across many of these areas. Co. is organized under four operating segments: Body Exteriors & Structures, Power & Vision, Seating Systems and Complete Vehicles
Open the MGA Page at The Online Investor »
|
||||||||||||||||||||||||
Open the MGA Page at The Online Investor (in a new window) »
 Free MGA Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
 
|
Buy (2.79 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: MGA Stock Forecast Based on Zacks ABR data; powered by Xignite |
