Announced
Completed
Aptiv completed the acquisition of an 85% stake in Intercable Automotive Solutions for €595m.
Financials
Transaction Value£504m
Consideration TypeCash
Capital Owned-
Capital Bid For85%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Tags
Private
Italy
Cross Border
automotive parts
Majority
Friendly
Single Bidder
Auto Technology
Acquisition
Completed
Synopsis
Aptiv, an Irish-American automotive technology supplier, completed the acquisition of an 85% stake in Intercable Automotive Solutions, an automotive parts distributor, for $593m. “Intercable Automotive Solutions is an excellent strategic fit with Aptiv’s Signal & Power Solutions segment,” Kevin Clark, Aptiv CEO.
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