BorgWarner Inc. is acquiring Delphi Technologies PLC in an all-stock transaction that places Delphi Technologies’ enterprise value at approximately $3.3 billion.
The Auto-Wares Group of Companies is buying four Michigan retail parts stores and their associated inventory from Icahn Automotive Group LLC.
Advance Auto Parts, Inc. has acquired the DieHard brand from Transform Holdco LLC (“Transformco”) for $200 million.
Martins Industries Inc. has added Magnum+ brand tire balancing beads to its portfolio through its recent acquisition of M&R Tire Products.
Jasper Holdings Inc., the parent company of Jasper Engines and Transmissions, has acquired Diesel USA Group Inc. headquartered in Louisville, Ky.
Icahn Enterprises L.P., the parent company of Icahn Automotive Group LLC, is selling Federal-Mogul LLC to Tenneco Inc. for $5.4 billion. Tenneco plans to split Federal-Mogul into two entities.
Icahn Automotive Group LLC has purchased four independently owned service center locations in Michigan’s Metro Detroit area: Belanger Tire & Auto Service in Westland, Novi Motive Goodyear in Novi, and Fix N Go Auto Centers in Troy and Oxford. The locations will convert to Pep Boys Service and Tire Centers.
Denso International America Inc. has acquired Holland, Mich.-based InfiniteKey Inc., along with several key patents and research and development resources.
Icahn Automotive Group LLC has purchased B.S.& F. Auto Parts Inc. in New York City from Joe Ferrer.
Stemco LP, a manufacturer of heavy-duty components for commercial vehicles, has purchased Commercial Vehicle Components Co. Ltd. (CVC), a manufacturer of air disc brake and medium-duty hydraulic disc brake pads.
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