Magna International Acquires Veoneer's Active Safety Business

AIP Fund VII Acquires Veoneer’s Restraint Control Systems Business

December 6, 2023

Automotive

American Industrial Partners Capital Fund VII (AIP Fund VII) has acquired Veoneer’s Restraint Control Systems business from SSW Partners LP. The transaction, announced December 6, 2023 and completed March 1, 2024, completes the disposition of Veoneer’s original business lines and provides a standalone platform for long-term growth under AIP ownership.

VOXX International Acquires Vehicle Safety Holding Corp.

February 4, 2020

Automotive

VOXX International Corporation acquired Vehicle Safety Holding Corp. (including Vehicle Safety Manufacturing, LLC and Rostra Brands) from Superior Capital Partners. The acquisition expands VOXX’s automotive OEM and aftermarket capabilities by adding vehicle safety electronics, manufacturing capacity and new distribution channels.

Qualcomm Acquires Arriver from SSW Partners

April 4, 2022

Automotive

Qualcomm Incorporated has completed its acquisition of Arriver from private equity firm SSW Partners. The purchase brings Arriver's ADAS computer vision, drive policy and driver assistance software assets into Qualcomm's Snapdragon Ride platform to accelerate the company's ADAS and autonomous-driving capabilities for automakers and Tier-1 suppliers.

Verdane Acquires Silva and Nordic Vehicle from Karnell

June 30, 2021

Manufacturing

Verdane has acquired Silva, a Swedish outdoor-sports equipment brand, and Nordic Vehicle, a Swedish specialised vehicle converter, from Nordic private equity firm Karnell. The acquisition — executed by Verdane Capital X — will support digitalisation and e-commerce expansion for Silva and strengthen Nordic Vehicle's leadership in a fragmented market under Verdane's ownership.

Ramudden AS Acquires Veidrift AS from Roadworks

February 2, 2023

Infrastructure

Ramudden AS has signed an agreement to acquire Veidrift AS from Roadworks (majority owned by Norvestor), combining capabilities to create the leading road work zone safety solutions provider in Norway. The transaction is intended to strengthen competence and capacity across both businesses and consolidate market position in the Norwegian road-safety services market.

HARMAN to Acquire ZF Group’s ADAS Business for €1.5 Billion

December 23, 2025

Automotive

HARMAN, a wholly owned subsidiary of Samsung Electronics, has signed a definitive agreement to acquire ZF Group’s Advanced Driver Assistance Systems (ADAS) business for €1.5 billion. The acquired ADAS capabilities (compute solutions, smart cameras, radars, and ADAS software) will be integrated into HARMAN’s centralized compute and digital cockpit roadmap for software-defined vehicle architectures.