Auto Parts M&A » By The Online Investor Staff, updated Thu., May. 2, 12:20 AM
Recent mergers and acquisitions in the Auto Parts M&A category.
Slide #36. AvCarb LLC — Ballard U.S. Material Products Division
Acquirer: |
AvCarb LLC |
Acquiree: |
Ballard U.S. Material Products Division (NASDAQ:BLDP) |
Details: |
Ballard Power Systems (NASDAQ: BLDP) (TSX: BLD) has announced the closing of an agreement to sell the Company's Material Products division, located in Lowell, MA for up to $12 million. Of this amount, $10.5 million was paid to Ballard in cash on closing, with the remainder payable on the basis of 2013 financial results associated with the Material Products division. Substantially all the assets of the Material Products division were purchased by investment group ALY Holdings LLC in partnership with the division's senior management, through AvCarb LLC, a new company formed as a result of the transaction. |
Open the BLDP Page at The Online Investor »
Company Name: |
Ballard Power Systems, Inc. |
Website: |
www.ballard.com |
Sector: |
Electronic Equipment & Products |
Number of ETFs Holding BLDP: |
13 |
Total Market Value Held by ETFs: |
$15.45M |
Total Market Capitalization: |
$422.00M |
% of Market Cap. Held by ETFs: |
3.66% |
|
Open the BLDP Page at The Online Investor (in a new window) »
|
May 2, 2024 12:20 AM Eastern
Hold (1.82 out of 4)
0th percentile
|
|