Investment firm acquires Dynamic Technologies, deal includes a Mexican plant

Investment firm acquires Dynamic Technologies, deal includes a Mexican plant

Warning: foreach() argument must be of type array|object, bool given in /home/mexiconow/public_html/sites/mexiconow/wp-content/themes/mexiconowwpnew/single.php on line 253

Ardian, an independent private investment company, announced that its North America Direct Buyouts team will acquire Italy-based Dynamic Technologies S.p.A. (DT), a global designer and manufacturer of automotive fluid-handling systems and precision aluminum parts. 

Concurrent with the DT acquisition, Ardian will merge Huron Inc. (Huron), an existing portfolio company controlled by the Ardian North America Direct Buyouts team, with DT. Huron is also a designer and manufacturer of automotive fluid-handling systems based in Lexington, Michigan.

The combined entity will have ten manufacturing facilities across United States, Canada, Mexico, Italy, United Kingdom, Poland, Hungary and China serving the North American, European and Asian markets.

Dynamic Technologies Mexican facility operates in San Luis Potosi under DT’s subsidiary Bend All Automotive Incorporated. The plant opened in 2012 to build aluminum fluid-handling components. 

The combination of DT and Huron creates a global supplier of automotive tubular components, achieving critical mass, product diversification, new materials capabilities, a worldwide manufacturing footprint, cross-selling opportunities, and a well-balanced customer base.

For the past five years, DT and Huron have been at the forefront of developing automotive engineering and materials solutions and have grown faster than the underlying automotive industry. 

As result, both companies have achieved steady sales growth and greater penetration of the automotive tubular market, expanding their respective manufacturing and engineering capabilities to meet the increasing customer demand for tubular solutions. 

In addition, sales growth for both entities have been driven by growing tubular product demand for turbocharged engines, EGR systems and other fuel efficient and emissions control technologies.

MexicoNow

Related News

- Investment firm buys Nissan’s stake in Calsonic Kansei, which owns 5 Mexican plants

- Chinese firm acquires Bosch’s Starter Motors division; deal includes assets in Mexico

×