M&A deals: Latest news and analysis articles

Latest news

Genuine Parts Company announces automotive acquisition In Europe

18 July 2019 | Graeme Roberts

Genuine Parts Company (GPC) has announced an acquisition for its European automotive business.

JTEKT to acquire 100% stake in Toyo Seimitsu

16 July 2019 | Dave Leggett

JTEKT Corporation, a manufacturer and seller of steering systems, driveline components, bearings, machine tools, electronic control devices, home accessory equipment, has agreed to acquire 100% stake in Toyo Seimitsu Industry Co., Ltd., engaged in manufacturing of differential gears, from Toyota Motor Corporation. All companies involved in the transaction are based in Japan.

Motorola Solutions acquires WatchGuard

16 July 2019 | Dave Leggett

Motorola Solutions has announced it has acquired WatchGuard, Inc., a manufacturer of in-car video systems.

Ford and VW expand alliance to EVs; both to invest in Argo AI

12 July 2019 | Dave Leggett

Ford and and Volkswagen Group have announced an expansion of their alliance to include electric vehicles – and will collaborate with Argo AI to introduce autonomous vehicle technology in the US and Europe. The two companies said the expanded collaboration allows both companies to better serve customers while improving competitiveness and cost and capital efficiencies.

Osram supports offer from bidding consortium

5 July 2019 | Simon Warburton

Osram's board is supporting an offer for the supplier from a bidding consortium of Bain Capital and The Carlyle Group.

Daimler and BMW sign automated driving JV contract

4 July 2019 | Graeme Roberts

Daimler and BMW have signed a contract to launch cooperation on automated driving.

Baidu to work with Geely and Toyota on AI and AVs

4 July 2019 | Graeme Roberts

Baidu has joined with Zhejiang Geely Holding Group and Toyota Motor to cooperate on artificial and self-driving car technology.

Novares and TG0 to develop touch technology

4 July 2019 | Graeme Roberts

Novares has agreed a partnership with TG0, a UK-based 3D touch technology company.

Teijin to acquire Benet Automotive to boost European biz

4 July 2019 | Dave Leggett

Japan-based Teijin Limited has announced it has agreed to wholly acquire Benet Automotive s.r.o., an automotive composite and component supplier in the Czech Republic, from Jet Investment. Terms of the acquisition are not being disclosed.

Cummins to acquire Hydrogenics Corporation

1 July 2019 | Simon Warburton

Cummins has entered into a definitive agreement to acquire, through a wholly-owned subsidiary, all the issued and outstanding shares of fuel cell systems provider Hydrogenics Corporation for US$15 per share in cash, other than shares already owned by The Hydrogen Company, representing an enterprise value of around US$290m.

Koito and Magenta Venture Partners invest in BrightWay Vision

28 June 2019 | Dave Leggett

BrightWay Vision, an Israeli start-up and spinoff of Elbit Systems, has announced the addition of strategic and venture capital investors and the completion of a USD25m financing round.

Alliance Ventures invests in Mobility House to boost electric mobility

28 June 2019 | Dave Leggett

Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, has announced an investment in The Mobility House, a technology company that provides a platform for integrating vehicle batteries into power grids using intelligent charging, energy and storage solutions.

Ericsson and local partner switch on 5G network in Romania

28 June 2019 | Graeme Roberts

Swedish telecommunications equipment manufacturer Ericsson and Romanian telecommunications services operator RCS&RDS have launched the first 5G commercial service in Romania in Bucharest.

CIE acquires Mexico Maquinados and Cortes de Precision

28 June 2019 | Simon Warburton

CIE Automotive has acquired 100% of the share capital of Maquinados de Precisión de México and Cortes de Precisión de Mexico.

Velodyne Lidar planning IPO - reports

27 June 2019 | Dave Leggett

Velodyne Lidar has reportedly hired bankers to help the company go public. Reports suggest an IPO could happen later this year if market conditions are suitable.

Hyundai and Saudi Aramco to collaborate on hydrogen, materials

27 June 2019 | Graeme Roberts

Hyundai Motor has signed an agreement to join forces with Saudi Aramco in hydrogen energy and to collaborate in the development of non-metallic materials and other emerging technologies.

Wabco shareholders OK ZF takeover

27 June 2019 | Graeme Roberts

As a next stage of its acquisition, ZF Friedrichshafen said Wabco shareholders had approved the proposed takeover of their company.

Apple buys self-driving start-up Drive.ai

26 June 2019 | Dave Leggett

Apple Inc has confirmed that it has acquired self-driving start-up company Drive.ai.

Mitsubishi to sell stake in Chinese engine JV

25 June 2019 | Graeme Roberts

Mitsubishi Motors plans to sell its 15% stake in Harbin Dongan Auto Engine Company, its engine joint venture plant based in the Chinese city of Harbin, according to reports in Japan.

Nissan chief wants alliance 'inequality' addressed

25 June 2019 | Graeme Roberts

Nissan Motor has hinted the 20-year alliance with Renault could end if issues of inequality are not addressed.

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