The 2020 Mid-Year Economic Update_long

Report: AVIC to Acquire Henniges

Littlejohn has been looking for a buyer for the auto-parts manufacturer since October.

Aviation Industry Corp. of China has agreed to acquire U.S. auto-parts supplier Henniges Automotive Holdings Inc. for $800 million, according to a report in The Wall Street Journal.

Henniges had sales of $825 million in 2014, according to the report.

Littlejohn & Co., the private-equity owner of Henniges, put the Auburn Hills, MI, company up for sale last year, along with fluid power distributor SunSource. No buyer for SunSource has been named yet. 

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By : XYZScripts.com