Solero Technologies finalizes acquisition of Kendrion's Automotive Business to expand product offerings, footprint, and customer base
Acquiring Company
Solero Technologies
Acquired Company
Kendrion
Rochester Hills
AmsterdamManufacturingAutomotiveManufacturingAutomotiveDescription
Solero Technologies, with support from Atar Capital, has reached an agreement to acquire Kendrion's automotive business. This strategic acquisition is expected to significantly expand Solero's product offerings, geographic footprint, and customer base. The combined company will be well-positioned to capitalize on global opportunities in line with the industry's transformation to electrification and sustainability.
Quick answer
Solero Technologies is acquiring Kendrion, announced April 15, 2024. Solero Technologies is based in Rochester Hills, Michigan, United States.
- How much did Solero Technologies pay for Kendrion?
- The deal value was not disclosed.
- What does Solero Technologies do?
- At Solero Technologies, we get life moving.
- Where are Solero Technologies and Kendrion based?
- Solero Technologies is based in Rochester Hills, Michigan, United States. Kendrion is based in Amsterdam, North Holland, Netherlands.
Source: Fundz verified event record.
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Who to call at Solero Technologies, and when
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Frequently asked
Who acquired Kendrion?
Kendrion was acquired by Solero Technologies, based in Rochester Hills. The deal was reported on April 15, 2024. At Solero Technologies, we get life moving. Solero Technologies is privately held and operates in Manufacturing.
When did Solero Technologies acquire Kendrion?
Solero Technologies's acquisition of Kendrion was reported on April 15, 2024. Solero Technologies, with support from Atar Capital, has reached an agreement to acquire Kendrion's automotive business. This strategic acquisition is expected to significantly expand Solero's product offerings, geographic footprint, and customer base. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Kendrion do?
Kendrion's automotive business designs, manufactures, and delivers intelligent actuators that contribute to the global transition to electrification and sustainable energy. It is privately held, operating in Manufacturing, and is based in Amsterdam.
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