Automotive M&A Transactions

Monomoy Capital Partners acquires Jiffy Lube International and Premium Velocity Auto for $1.3 billion, signaling a major investment in automotive aftermarket services.

Continental AG completes strategic pivot, selling ContiTech to Lone Star Funds for €4.0 billion to focus exclusively on tire manufacturing. Shareholder returns planned.

PHINIA Inc. to acquire stoba Group, bolstering its advanced manufacturing and precision component offerings across automotive and other key industrial markets.

Bain Capital acquires 51% of Everllence from Volkswagen Group for $8.4 billion in a significant automotive services carve-out. Learn more.

AutoNation expands its premium automotive retail presence in the San Francisco Bay Area with the acquisition of three high-end dealerships.

ECARX

ECARX secures Flyme's automotive software and OS assets for $266M, navigating industry trends and financial considerations in a strategic expansion.

Renault Group takes sole ownership of the Flexis electric commercial vehicle initiative, acquiring stakes from Volvo Group and CMA CGM. Volvo to distribute products.

Renesas Electronics buys Pictorus to enhance its Renesas 365 platform with visual modeling and code generation for embedded systems.

Premium Guard Inc. expands manufacturing and distribution by acquiring key assets from First Brands Group, enhancing its automotive filtration capabilities.

Hyundai Motor Group secures full ownership of Boston Dynamics for $325M, enhancing its smart mobility and industrial automation capabilities.

Lone Star Funds is reportedly the frontrunner to acquire Continental AG's ContiTech unit, a significant divestiture in the industrial components sector.