Deal Snapshot
VARROC LIGHTING SYSTEMS INCREASES GLOBAL PRESENCE WITH ACQUISITION OF ISTANBUL-BASED SA-BA-AUTOMOTIVE
Wednesday 11 July 2018

Michigan, US-based exterior vehicle lighting systems supplier Varroc Lighting Systems has acquired Turkey based lighting products supplier Sa-ba Automotove to expand Varroc's global footprint, the company said.
Through Sa-ba Automotive, Varroc Lighting gains valuable manufacturing and production capacity with a 10,000-square-meter manufacturing and technology centre near Istanbul and a new plant under construction in Dimitrovgrad, Bulgaria.


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Details
Date Published: 11/07/2018
Target: Sa-ba Automotove
Country: Turkey
Sector: Motor Vehicles
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Motor Vehicles
Comment:
Terms of the deal were not disclosed

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