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Announced

Schioppa Casters and Wheels to acquire the Brazlilian business of Colson Group.

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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Auto Parts

Brazil

Friendly

Single Bidder

Majority

wheel products

supply chain

Acquisition

Cross Border

Private

Pending

Synopsis

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Schioppa Casters and Wheels, a caster and wheel manufacturer agreed to acquire the Brazlilian business of Colson Group, a global manufacturer. Financial terms were not disclosed. "This sale will streamline our global operations and allow us to focus on our core businesses. We would like to thank the entire Colson Brazil team for their efforts in building a strong and prosperous business and wish them all the best for their future," Richard Kobor, Colson Group CEO.

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