Your local office
We are looking for the closest office..

CFI advised Karl Scharrenbroich on its sale to Pangeo Group

Dusseldorf –  CFI is pleased to announce it acted as the exclusive corporate finance advisor to Karl Scharrenbroich on its sale to Pangeo Group.

Pangeo Group is a strategic partner and manufacturer of safety critical components and assemblies within the transmission and powertrain segments, door systems, interior adjustable arm rests and aluminum die castings.

Scharrenbroich offers customized products used in gearboxes, axles, steering parts, latches, clutches and pumps.

To strengthen the company strategically and also to lay the foundation for growth, Pangeo Group has made a significant investment in Karl Scharrenbroich giving Pangeo ownership of the company. Effective immediately, Scharrenbroich becomes part of the Pangeo Group Headquartered in Oldcastle, Ontario just outside of Windsor.

The transaction closed on 2 January 2018.

Related

Automotive

has been acquired by

Advised by:

Jan-Erik Gürtner

Similar Transactions

Automotive

has sold Witte Stromberg to

and

Transaction details

Witte Stromberg, a manufacturer of hinges and hood kinematics for the automotive industry, was acquired by a consortium of Endurance Capital, AL-KO KOBER SE and a private investor

Automotive

has been acquired by

Transaction details

Family shareholders sell Newport Auctions, a premier auction house for car and commercial vehicles, to Wilsons Auctions

Automotive

has sold

to

Transaction details

The business activities of Eberhard Hoeckle, specialised in crank gears used in automobiles, aircraft and construction machines, were sold to Jet Investments

Automotive

has sold

to

a portfolio company of

Transaction details

CURT Group, a leading marketing, engineering, manufacturing, and distribution company of towing products and truck accessories and a portfolio company of Audax Private Equity, acquires United Welding Services from Thule Group, which is a premiere American manufacturer of aftermarket truck accessories and storage solutions for professionals and truck enthusiasts