Automotive Acquisitions in 2018
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- Buyer
- Butcher Engineering Enterprises, Ltd., Spencer Butcher Group
- Target
- Autrans Ingersoll
- Seller
- Autrans Corporation, Sojitz Corporation
- Industry
- Automotive
- Location
- Ontario, Canada
- Type
- Divestiture
Butcher Engineering Enterprises, Ltd., a holding of the family-owned Spencer Butcher Group, acquired the Autrans Ingersoll value-added assembly operations from Autrans Corporation (a subsidiary of Sojitz Corporation). The transaction transfers the Ingersoll, Ontario automotive just-in-time/just-in-sequence assembly operation to Spencer Butcher Group, expanding its high-complexity, high-volume manufacturing capabilities.
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- Buyer
- Chongqing Boao Industrial Co., Ltd
- Target
- Federal‑Mogul interior lighting business
- Seller
- Federal‑Mogul Corporation
- Industry
- Automotive
- Location
- Tennessee, United States
- Type
- Divestiture
Chongqing Boao Industrial Co., Ltd acquired the interior lighting business of Federal‑Mogul Corporation in a divestiture announced January 2018. The business — based in Sparta, Tennessee with a technical center in Ann Arbor, Michigan — manufactures interior lighting assemblies and components (overhead lamps, door/floor lamps, LED ambient lighting, trunk/under‑hood lamps) sold to light‑vehicle OEMs and Tier‑1 suppliers.
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January 16, 2018
- Buyer
- Directed, DEI Holdings, Charlesbank Capital Partners
- Target
- Alcohol Detection Systems (ADS)
- Seller
- Nick Cassiere
- Industry
- Automotive
- Location
- Maryland, United States
- Type
- Buyout
Directed, a division of DEI Holdings, has acquired Alcohol Detection Systems (ADS), a provider of ignition interlock (breathalyzer) devices sold under the Determinator product line. The acquisition gives Directed national distribution and service capabilities to expand ADS's business in DUI/DWI remediation programs and the automotive aftermarket.
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