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Announced

Completed

Flex-N-Gate completed the acquisition of Treviso Automotive Lighting plant from ams OSRAM.

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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Auto Parts

Acquisition

Majority

Completed

Single Bidder

Italy

automotive lighting manufacturing

Cross Border

Private

Friendly

Infrastructure

Synopsis

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Flex-N-Gate, a manufacturer and supplier of large stamped metal and welded components, assemblies, and plastic parts for the automotive industry, completed the acquisition of Treviso Automotive Lighting plant, a production site for lighting and lighting components, from ams OSRAM, an Austrian electronics company that manufactures sensors for small form factor, low power, highest sensitivity and multi-sensor applications. Financial terms were not disclosed. The production site in Treviso, located in North-East of Italy, was established by OSRAM in 1966. It produces automotive lamps / modules / components for OEM customers on a production area of roughly 20.000 m².

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