Auto, Truck & Motorcycle Parts

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Fox Factory Holding Corp closes asset purchase of Race Face Performance and Easton Cycling Businesses

Monday, 15 Dec 2014 08:01am EST

Fox Factory Holding Corp:Closes the previously announced acquisition of the assets of Race Face and Easton Cycling effective Dec. 12.Says the transaction amount was about $30.0 mln, including about $0.5 mln of estimated closing adjustments.Transaction was financed with debt and includes a potential earn-out opportunity of up to a maximum of $16.9 million payable over the next two fiscal years and contingent upon the achievement of certain performance-based financial targets.

Pricol Ltd's subsidiary to acquire auto component manufacturing company in Brazil

Thursday, 11 Dec 2014 10:39pm EST

Pricol Ltd:To acquire 99.99 pct of stake in a Brazil based auto component manufacturing company through wholly owned subsidiary incorporated in Spain.Acquisition will enable Pricol to make a foray into the Brazilian Auto Component Industry.Acquisition is expected to be completed by the end of Jan. 2015.

Fox Factory Holding Corp to acquire assets of Race Face Performance and Easton Cycling Businesses

Friday, 5 Dec 2014 04:12pm EST

Fox Factory Holding Corp:Through certain of its subsidiaries, it has entered into definitive agreement.To acquire substantially all assets of Race Face and Easton Cycling businesses, formerly Race Face Performance Products, Inc and 0999324 B.C. Ltd.Says acquisition of Race Face/Easton in an asset purchase transaction for about $30.2 mln.

Ichikoh Industries Ltd to fully acquire joint venture

Thursday, 4 Dec 2014 01:30am EST

Ichikoh Industries Ltd:To acquire a 50 pct stake in its 50 pct owned joint venture, which is a China-based technology company and has been engaged in development, manufacturing, sale of parts for automobiles and provides technical services.Says to acquire stake in the joint venture from Ken Sean Group Co., Ltd, at price of 2,619 mln yen (including advisory cost).Says to hold 100 pct voting rights in the joint venture after transaction.Transaction planned effective in the late December.

Westport Innovations Inc acquires Prins Autogassystemen

Tuesday, 2 Dec 2014 04:30pm EST

Westport Innovations Inc:Has acquired Netherlands based Prins Autogassystemen Holding B.V. (Prins) for 12.2 mln Euro.Acquisition through combination of 6.6 mln Euro (about $8.2 mln) in assumed liabilities and 5.6 mln Euro (about $6.9 mln) in cash.

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