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Announced

14 Feb 2020

AIAC terminated its $215m acquisition of Poppe-Veritas.

Synopsis

AIAC terminated its $215m acquisition of Poppe-Veritas, a provider of sealing and connector systems for automotive and industrial applications.

Principals

target

Poppe Veritas

bidder

American Industrial Acquisition Corporation

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Market Context

Dealmakers (9)

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Matthias Haberle

ManagerCEO at POPPE VERITAS

Martin Suter

Martin Suter

Financial AdvisorManaging Director at Rothschild & Co

Henning Block

Financial AdvisorDirector at Rothschild & Co

Henrik Voss

Financial AdvisorManaging Director at Rothschild & Co

Tobias Hoffmann Becking

Financial AdvisorDirector at Rothschild & Co

Henning Würz

Financial AdvisorRothschild & Co

Fabian Schaale

Financial AdvisorRothschild & Co

Christoph Behm

Financial AdvisorAssociate at Rothschild & Co

Leonard Levie

InvestorChairman at AMERICAN INDUSTRIAL ACQUISITION CORPORATION

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