Genstar-backed BBB Industries completed the acquisition of Metalcaucho from Abac for $256m.

Genstar Capital-backed BBB Industries, a remanufacturing industry for automotive aftermarket parts, completed the acquisition of Metalcaucho, a manufacturer of automobile parts, from Abac Capital, a private equity firm, for $256m. “We are very pleased with the transformation Metalcaucho has gone through over the last four years, where the introduction of digital and big data tools have turned the Company into an industry benchmark and leader in its segment. Along with the help of Metalcaucho’s experienced management team, we believe that BBB is the perfect owner to continue the Company’s success in Europe, North Africa and Latin America. We thank the Metalcaucho team for their excellent job and wish them all the best in the new phase they are embarking on under the BBB umbrella,” Borja Martinez de la Rosa, Abac Capital Partner.