Standard Motor Products has completed the acquisition of Nissens Automotive, a Denmark-based manufacturer and supplier of engine cooling and air conditioning products, from private equity firm Axcel.
Standard Motor Products, Inc., a prominent automotive parts manufacturer, has completed its $390 million acquisition of Nissens Automotive, a leading European supplier of vehicle cooling and air ...
Nissens generates around $260m in annual revenue, with an EBITDA margin in the mid-teens.Standard Motor Products has completed the acquisition of Nissens for approximately $390m. Credit: Standard ...
For more information about Standard Motor Products, please visit www.smpcorp.com. Nissens is the leading European supplier of thermal management and engine efficiency products fully focused on ...
The latest announcement is out from Standard Motor Products ( (SMP)). Standard Motor Products, Inc., a prominent automotive parts manufacturer, has completed its $390 million acquisition of ...
Under the terms of the agreement, SMP has acquired all the issued and outstanding shares of Nissens for approximately $390 million (€360 million), net of cash and assumed debt and subject to ...
Standard Motor Products, Inc. announced the completion of the previously announced acquisition of AX V Nissens III APS (“Nissens”), European manufacturer and distributor of aftermarket engine ...