DEARBORN, Mich. (February 2, 2010) - International Automotive Components Group (IAC) North America today announced that it has acquired flooring & acoustics supplier Stankiewicz International Corporation, a U.S. subsidiary of Gimotive GmbH. This deal follows IAC's 2009 acquisition of Stankiewicz's European Flooring & Acoustics operations. The...
KREFELD, Germany. (July 12, 2009) – International Automotive Components Group (“IAC”) completed today the previously announced acquisition of Stankiewicz GmbH and Gimotive GmbH (collectively “Stankiewicz”). IAC has acquired 9 manufacturing sites in Germany, Belgium, Czech Republic and Poland with approximately 1200 employees generating over € 150...
KREFELD, Germany. (June 22, 2009) – International Automotive Components Group (“IAC”) today announced that it has executed a definitive agreement to acquire certain operations of Stankiewicz GmbH and Gimotive GmbH (collectively “Stankiewicz”) from German administration. Terms of the transaction were not released. Stankiewicz is a market...
Chongqing, China (Feb. 18, 2009) – International Automotive Components Group (IAC) today dedicated a new 45,000 sq. ft. manufacturing facility during a ceremony in Chongqing, China where manufacturing of vehicle interior components already started in support of the Chinese domestic market. “IAC is committed to supporting...
PUNE, India (Sept. 12, 2008) – International Automotive Components Group (IAC) today broke ground during a ceremony in Chakan (Pune district) Maharashtra, India where construction will begin for a manufacturing and engineering operation exceeding 150,000 square feet. “IAC is now the third WL Ross company with...
MUMBAI, India (December 06, 2007) - International Automotive Components Group (IAC) today announced that it has been awarded two new contracts to supply instrument panels to a future Mahindra & Mahindra (M&M) utility vehicle and a Mahindra International Ltd. (MIL) medium/heavy-duty truck program. "International Automotive Components...
DEARBORN, Mich. (November 7, 2007) - International Automotive Components Group North America (IAC North America) today announced that it has completed the acquisition of Collins and Aikman's (C&A) manufacturing facility in Hermosillo, Mexico for $17 million plus the assumption on a restructured basis of certain...
DEARBORN, Mich. (October 12, 2007) - International Automotive Components Group North America (IAC NA) today announced that it has completed the acquisition of the soft trim division from Collins and Aikman (C&A). Additionally, IAC NA concluded its acquisition of a C&A manufacturing facility in Saltillo,...
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