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New Deal


Announced

Completed

Nobo Automotive completed the acquisition of Motus Headliner from Motus Integrated Technologies.

Financials

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

Sources

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Tags

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Private

manufacturing

Acquisition

Friendly

Completed

Majority

Cross Border

Single Bidder

coverage sunvisors

Germany

Auto Parts

Synopsis

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Nobo Automotive, a Chinese auto parts manufacturer, completed the acquisition of Motus Headliner, a manufacturer of high-performance headliners, door and console armrests, and instrument panel trim components for the global automotive market, from Motus Integrated Technologies, a manufacturer of high-performance headliners and unlit, illuminated and auxiliary coverage sunvisors and compression formed products. Financial terms were not disclosed. This transaction is the first cross-border M&A project completed by Nobo, and isimportant for the company's global development strategy. The combinationof the two entities will allow Nobo to provide a presence in Europe and is an important step to accomplish its global supply chain network.

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