IMAP advises Mubea on the successful acquisition of the Spanish automotive supplier INAUXA from Grupo Tudos Reunidos.
Muhr und Bender KG (“Mubea”), headquartered in Attendorn, has acquired 100% of the shares of Spanish-based INAUXA S.A. and EDAI from Grupo Tudos Reunidos.
INAUXA is a Tier I automotive supplier with 330 employees operating production plants in Spain, Mexico and China. In 2015, the company generated sales of EUR 55 million. The product portfolio of INAUXA includes chassis and structural components as well as transmission components. INAUXA will be integrated into the Chassis Division of Mubea and will strengthen Mubea’s product offering of stabilizer bars.
Mubea is a leading automotive supplier providing heavy duty spring components and related products. The lightweight construction specialist currently employs 11,000 people, operating at 29 locations in 17 different countries. In 2015, Mubea generated sales of approximately EUR 1.8 billion.
Completion of the transaction is subject to the regulatory approval of the relevant antitrust authorities.
IMAP acted as exclusive M&A advisor to Mubea in this transaction.