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New Deal


Announced

Completed

TVS Europe Distribution to acquire 3G Truck & Trailer Parts.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Majority

Friendly

Private

Single Bidder

United Kingdom

automotive components

Completed

Auto Parts

Acquisition

Synopsis

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TVS Europe Distribution, a retailer of motor vehicle parts and accessories, completed the acquisition of 3G Truck & Trailer Parts, the UK automotive components company. Financial terms were not disclosed. The CMA has provisionally found that the purchase of 3G by TVS raises competition concerns in the supply of commercial vehicle and trailer parts on October 20, 2020.

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