IFLR1000

Dana SFr600 million acquisition of Drive Systems Segment from Oerlikon Group

1/3/2019
Private acquisition
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SFr 600 million

$ 607.004 million

Announced

1/3/2019

Overview:

  • American supplier Dana Incorporated has acquired the Drive systems segment from Oerlikon for SFr600 million.
  • The acquisition expands the company's electrification capabilities.

Rajeeb Gurung - Researcher

Jurisdictions:

India
Italy
Switzerland

Deal type:

Private acquisition

Practice area:

M&A

Industry sectors:

Industrials and manufacturing
Automotive

Firms:
Hogan Lovells

Party: Dana (Acquirer)

Homburger

Party: Oerlikon (Seller)

Lawyer: Daniel Hasler

S&R Associates

Party: Dana (Acquirer)

Walder Wyss

Party: Dana (Acquirer)

Lawyer: Markus Vischer

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