Spain’s Cie Automotive has bought Brazilian and Mexican firms Nakayone and Nugar for EUR26.9m and EUR58m respectively as the highly-acquisitory autoparts maker continues to build its presence in the emerging markets.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Nakayone and Nugar make a range of stamped and welded components for automakers such as Volkswagen, Ford, DaimlerChrysler and General Motors. The companies are headquartered in Mexico City and Sao Paulo.


Cie said Nugar’s acquisition will consolidate its lead in the Brazilian components market, Latin America’s biggest, while buying Nugar will bolster its presence in the key Nafta trade block.


Both deals are subject to regulatory approval, Cie said.


Ivan Castano

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now