Go to deals
Automotive

American Trim has acquired Angell-Demmel North America from Sellner Group

American Trim has acquired 100% of Angell-Demmel North America from the insolvency administrator of the Sellner-Group (Mr. Exner, lawyer at the office of Dr. Beck), to whom Angell-Demmel North America belonged. Terms of the deal were not disclosed.

American Trim, a privately held company based in Lima, Ohio, was founded in 1948. It is a leading provider of metal components for the appliance, heavy truck and automotive industries. The early heritage in decorated metal continues as American Trim designs, develops and forms innovative and high quality components for its clients.

American Trim CEO, Tim Hawk, said that the two organizations will remain separate entities for the foreseeable future. “This acquisition is an important step in our strategy to grow our business and provide OEMs a dependable supply of high quality, innovative aluminum trim products,” Hawk said. “We are not just acquiring buildings and machines; we are acquiring a very talented team of people who are experts in the design and manufacture of decorative automotive trim.”

Founded in 1927, Angell-Demmel North America is a key provider of metal, automotive trim parts that offers solutions to diversification and acquisition of new customer segments.

Oaklins' team in Germany advised the buyer within the purchase process.

Parties

Talk to the deal team

Dr. Hans Bethge

Senior Advisor
Hamburg, Germany
Oaklins Germany

Related deals

Main Capital Partners has acquired a majority stake in CarWise and AutoDisk
Private Equity | Automotive | TMT

Main Capital Partners has acquired a majority stake in CarWise and AutoDisk

CarWise and AutoDisk (together referred to as CarWise), leading providers of integrated front-, mid- and back-office ERP software for the leasing and car rental sector in the Benelux, have sold a majority stake to Main Capital Partners, a prominent European software investor.

Learn more
Askoll Holding has launched a voluntary public tender offer for Askoll EVA
Automotive

Askoll Holding has launched a voluntary public tender offer for Askoll EVA

Askoll Holding S.r.l. has successfully finalized a voluntary public tender offer for Askoll EVA S.p.A.

Learn more
Trodo has secured financing from SEB Bank to buy out minority shareholder
Automotive | Consumer & Retail

Trodo has secured financing from SEB Bank to buy out minority shareholder

Trodo, a leading e-commerce brand for automotive spare parts and accessories, has successfully secured a senior debt facility from SEB Bank. The financing enabled the company to buy out its Norwegian shareholder, a long-term business partner who played a pivotal role in establishing Trodo’s operations in Norway during its early years.

Learn more