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New Deal


Announced

Completed

Aludyne completed the acquisition of CastLight from Shiloh Industries.

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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Completed

Domestic

Single Bidder

Automobiles

Private

ightweighting technology

Auto Parts

Acquisition

Friendly

Majority

lightweighting

United States

Synopsis

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Aludyne, a global lightweighting solutions and components supplier, completed the acquisition of CastLight, lightweighting company, from Shiloh Industries, a lightweighting solutions provider. Financial terms were not disclosed. "We welcome the CastLight employees in North America, Europe and Asia to the Aludyne team. Together we are a stronger company delivering innovative solutions to the mobility industry and meeting the needs of our customers globally," Andreas S. Weller, Aludyne President and CEO.

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