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New Deal


Announced

Completed

Weifu High Technology Group completed the acquisition of vacuum and hydraulic pump business from Robert Bosch.

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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Brazil

Majority

Cross Border

Vacuum and Hydraulic product

Friendly

Single Bidder

Private

Completed

Italy

China

Household Appliance

Acquisition

Synopsis

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Weifu High Technology Group, a prestige domestic automotive component manufacturer, completed the acquisition of vacuum and hydraulic pump business from Robert Bosch, a German multinational engineering and technology company. Financial terms were not disclosed. The transaction comprises Vacuum and Hydraulic Product Italy and its Chinese subsidiary VHIT Automotive Systems Wuxi as well as certain production facilities currently operated in Brazil.

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