Blog Layout
Autokiniton Completes Acquisition of L&W Engineering
May 22, 2018
Autokiniton announces that it has completed its acquisition of L&W Engineering.
Read the full press release here:
https://www.kpsfund.com/docs/default-source/newsandpressreleases/l-w-closing-tombstone-(05-17-18).pdf?sfvrsn=49809d5a_2
L&W is a leading “Tier 1” supplier in the automotive industry, specializing in hot and cold metal stampings and welded assemblies. The Company is a leader in metal-formed components and complex assemblies, with a product portfolio that is well-positioned for key automotive trends, including electrification, lightweighting and emission reduction regulations. Headquartered in New Boston, Michigan, L&W operates 23 sales, engineering and production facilities located throughout the United States with over 3,200 employees. For more information about L&W visit www.lweng.com
Autokiniton has been honored with a World Excellence Award by Ford Motor Company. Click here to find out more.
Autokiniton US Holdings, Inc. today announced the completion of its acquisition of Tower International, Inc. (NYSE: TOWR) (“Tower”), a leading manufacturer of engineered automotive structural metal components and assemblies, for $31 per share in cash. AGG is a subsidiary of Autokiniton Global Group, LP, a portfolio company of KPS Capital Partners, LP (“KPS”), a leading global private equity firm with approximately $5.1 billion of assets under management, as of June 30, 2019.
KPS Capital Partners Portfolio Company Autokiniton Global Group Completes Acquisition of L&W, Inc.
