15 Acquisitions of Companies in the Automotive Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Automotive industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 15 acquisitions that took place in the Automotive industry.

cap hpi acquired by Top Right Group

Details about the transaction:

Acquisition amount:

$33,170,741

Announcement:

1 January 1994

Details about the company:

Cap Hpi is a reliable resource for market information and automobile appraisals.

Headquarter:

Leeds, Leeds, United Kingdom

Where to find them:

Industry:

Automotive, Information Services, Risk Management

Details about the buyer:

Customers who use the brands of Top Right Group have access to information, insight, and resources that may help them make better decisions.

Headquarter:

London, England, United Kingdom

Where to find them:

E-Mantech acquired by Yachuang Electronics Group

Details about the transaction:

Acquisition amount:

$18,344,979

Announcement:

9 January 2022

Details about the company:

E-Mantech is a wholesaler of electronic components and a supplier of Internet of Things solutions.

Headquarter:

Shenzhen, Guangdong, China

Where to find them:

Industry:

Automotive, Electronics, Hardware, Internet of Things, Sales, Telecommunications

Details about the buyer:

Vehicle active and passive parts are distributed by TEXIN. They also offer navigation and entertainment systems for vehicles.

Headquarter:

Shanghai, Shanghai, China

Where to find them:

Elite Storage Solutions acquired by Nucor Corporation

Details about the transaction:

Acquisition amount:

$75,000,000

Announcement:

5 April 2022

Details about the company:

A warehousing firm called Elite Storage Solutions provides storage options and warehouse space.

Headquarter:

Monroe, Galway, Ireland

Where to find them:

Industry:

Automotive, Information Technology, Transportation

Details about the buyer:

Steel and steel-related items are manufactured and sold by Nucor Corporation. The business is divided into two divisions: steel

Headquarter:

Carlotta, California, United States

Where to find them:

RedBumper acquired by CDK Global

Details about the transaction:

Acquisition amount:

$34,000,000

Announcement:

24 February 2016

Details about the company:

Bruce Thompson founded RedBumper, a new brand of vehicle inventory management firm.

Headquarter:

Plano, Texas, United States

Where to find them:

Industry:

Automotive

Details about the buyer:

Automotive retail firm CDK Global provides integrated data and technology solutions for automakers and dealers.

Headquarter:

Hoffman Estates, Illinois, United States

Where to find them:

The Floow acquired by Otonomo

Details about the transaction:

Acquisition amount:

$69,000,000

Announcement:

27 February 2022

Details about the company:

To make cars safer and more affordable for everyone, The Floow develops the most cutting-edge and affordable telematic systems in the world.

Headquarter:

Sheffield, Sheffield, United Kingdom

Where to find them:

Industry:

Automotive, Fleet Management, Information Technology

Details about the buyer:

Otonomo is a cloud-based technology that links millions of automobiles to automakers, drivers, and service providers.

Headquarter:

Herzliya, Tel Aviv, Israel

Where to find them:

Accu-Trade acquired by Cars.com

Details about the transaction:

Acquisition amount:

$65,000,000

Announcement:

8 February 2022

Details about the company:

Privately owned Accu-Trade is a provider of automotive accessory technologies.

Headquarter:

Manheim, Pennsylvania, United States

Where to find them:

Industry:

Automotive, Information Technology, Logistics

Details about the buyer:

Cars.com is a website that aids buyers and owners in navigating every step of automobile ownership.

Headquarter:

Chicago, Illinois, United States

Where to find them:

MOKE acquired by EV Technology

Details about the transaction:

Acquisition amount:

$55,100,000

Announcement:

20 July 2022

Details about the company:

Since 2015, the MOKE has been the official manufacturer of MOKE automobiles, and it is still admired for its distinctive look.

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

Automotive, Manufacturing, Transportation

Details about the buyer:

EVT was established to hasten the introduction of electric cars.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

Technica Engineering acquired by KPIT Technologies

Details about the transaction:

Acquisition amount:

$79,949,132

Announcement:

21 September 2022

Details about the company:

To help automakers and their suppliers, Technica Engineering offers testing and vehicle validation solutions.

Headquarter:

Munich, Bayern, Germany

Where to find them:

Industry:

Automotive, Manufacturing, Mechanical Engineering

Details about the buyer:

KPIT is a multinational technology business that provides software solutions to accelerate the transition to an autonomous, clean, smart, and connected future for mobility.

Headquarter:

Pune, Maharashtra, India

Where to find them:

brumbrum acquired by Cazoo

Details about the transaction:

Acquisition amount:

$89,924,722

Announcement:

26 January 2022

Details about the company:

Used cars with up to three years of warranty are available for purchase online from Brumbrum.

Headquarter:

Milano, Lombardia, Italy

Where to find them:

Industry:

Automotive, E-Commerce, Internet, Rental

Details about the buyer:

Cazoo is an online marketplace for used automobiles that aims to revolutionize the way used cars are purchased, financed, or rented.

Headquarter:

London, England, United Kingdom

Where to find them:

cigfinancial.com acquired by AutoNation

Details about the transaction:

Acquisition amount:

$85,000,000

Announcement:

22 July 2022

Details about the company:

The indirect car financing firm cigfinancial.com, with its headquarters in Irvine, California, was established in 1985.

Headquarter:

Irvine, California, United States

Where to find them:

Industry:

Automotive, Finance

Details about the buyer:

For the automotive sector, AutoNation is a retailer of vehicles that buys and sells a variety of vehicles.

Headquarter:

Fort Lauderdale, Florida, United States

Where to find them:

Elbit Vision Systems acquired by Uster Technologies

Details about the transaction:

Acquisition amount:

$32,000,000

Announcement:

12 February 2018

Details about the company:

Elbit Vision Systems offers technological fabric for the composites, garment, home textiles, medical/hygiene, and automotive sectors.

Headquarter:

Caesarea, Hefa, Israel

Where to find them:

Industry:

Automotive, Manufacturing, Service Industry, Technical Support

Details about the buyer:

The maker of high-tech instruments used for quality assurance and certification is called Uster Technologies.

Headquarter:

Uster, Zurich, Switzerland

Where to find them:

Industrias Dolz acquired by Realza Capital

Details about the transaction:

Acquisition amount:

$67,841,408

Announcement:

15 July 2014

Details about the company:

A variety of water pumps, strap kits, thermostats, chain kits, and automotive components are produced and supplied by Industrias Dolz.

Headquarter:

Almazora, Comunidad Valenciana, Spain

Where to find them:

Industry:

Automotive, Industrial, Machinery Manufacturing, Productivity Tools

Details about the buyer:

A company called Realza Capital specializes in buying out small- to medium-sized businesses and prefers to work with family-run enterprises.

Headquarter:

Madrid, Madrid, Spain

Where to find them:

Karl Etzel GmbH acquired by ABC Technologies

Details about the transaction:

Acquisition amount:

$95,000,000

Announcement:

21 January 2022

Details about the company:

An innovative and prosperous medium-sized business, Karl Etzel GmbH specializes in plastic injection molding.

Headquarter:

Mühlacker, Baden-Wurttemberg, Germany

Where to find them:

Industry:

Automotive, Manufacturing, Project Management

Details about the buyer:

One of the top producers of automotive systems and components worldwide is ABC Technologies.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

Stahlhammer Bommern GmbH (STB) acquired by Columbus McKinnon

Details about the transaction:

Acquisition amount:

$24,600,000

Announcement:

5 January 2015

Details about the company:

The Stahlhammer Bommern GmbH (STB) is a producer of forged components and a wide variety of lifting tools.

Headquarter:

Hamm, Nordrhein-Westfalen, Germany

Where to find them:

Industry:

Automotive, Logistics, Manufacturing

Details about the buyer:

a leading trainer and a global provider of material handling products,

Headquarter:

Amherst, Massachusetts, United States

Where to find them:

Shengbang Electronics acquired by Sinotec

Details about the transaction:

Acquisition amount:

$35,410,965

Announcement:

16 November 2022

Details about the company:

Supplier of electronic parts for automobiles is Shengbang Electronics.

Headquarter:

Wuxi, Anhui, China

Where to find them:

Industry:

Automotive, Electronics, Manufacturing, Supply Chain Management

Details about the buyer:

Shanghai Sinotec produces components for automobiles.

Headquarter:

Qingpu, Shanghai, China

Where to find them: