IFLR1000

Hanon Systems $1.23 billion acquisition of global Fluid Pressure & Controls business from Magna International

29/3/2019
Private acquisition
Select tab

$ 1.23 billion

Completed

29/3/2019

Overview:

  • South Korean auto parts maker Hanon Systems has acquired Magna International's Fluid Pressure & Controls business for $1.23 billion.

Rajeeb Gurung - Researcher

Jurisdictions:

United States
South Korea
Italy

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Industrials and manufacturing

Firm:
Cleary Gottlieb Steen & Hamilton

Party: Hanon Systems (Acquirer)

Lawyer: Matteo Montanaro

Related deals