HDT Automotive Solutions completes acquisition of Veritas AG and its subsidiaries
Acquiring Company
HDT Automotive Solutions
Acquired Company
Veritas AG
Livonia
GelnhausenManufacturingAutomotiveManufacturingAutomotiveDescription
HDT Automotive Solutions, a US-headquartered company, has completed the acquisition of Veritas AG and its subsidiaries, significantly upscaling its business with additional locations and production capacities. The combined HDT Veritas company now employs more than 5,000 people across 15 locations in North America, Europe, and Asia, solidifying its position as a leading supplier to the world's top original equipment manufacturers.
Quick answer
HDT Automotive Solutions is acquiring Veritas AG, announced July 12, 2024. HDT Automotive Solutions is based in Livonia, Michigan, United States.
- How much did HDT Automotive Solutions pay for Veritas AG?
- The deal value was not disclosed.
- What does HDT Automotive Solutions do?
- HDT Automotive Solutions is a US-headquartered company that designs, develops, and manufactures innovative thermal management systems for the automotive industry.
- Where are HDT Automotive Solutions and Veritas AG based?
- HDT Automotive Solutions is based in Livonia, Michigan, United States. Veritas AG is based in Gelnhausen, Hesse, Germany.
- Who are the decision-makers at HDT Automotive Solutions?
- Fundz holds 1 contact at HDT Automotive Solutions. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at HDT Automotive Solutions, and when
When HDT Automotive Solutions changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day HDT Automotive Solutions raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at HDT Automotive Solutions, from your own LinkedIn network
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Frequently asked
Who acquired Veritas AG?
Veritas AG was acquired by HDT Automotive Solutions, based in Livonia. The deal was reported on July 13, 2024. HDT Automotive Solutions is a US-headquartered company that designs, develops, and manufactures innovative thermal management systems for the automotive industry. HDT Automotive Solutions is privately held and operates in Manufacturing.
When did HDT Automotive Solutions acquire Veritas AG?
HDT Automotive Solutions's acquisition of Veritas AG was reported on July 13, 2024. HDT Automotive Solutions, a US-headquartered company, has completed the acquisition of Veritas AG and its subsidiaries, significantly upscaling its business with additional locations and production capacities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Veritas AG do?
Veritas AG is a global automotive supplier with expertise in elastomers, plastics, and metal for fluid, thermal, and seal management systems. It is privately held, operating in Manufacturing, and is based in Gelnhausen.
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