December 15, 2017 9:43 PM ET

Auto Components

Company Overview of International Automotive Components Group North America, LLC

Company Overview

International Automotive Components Group North America, LLC, through its subsidiaries, manufactures and supplies automotive interior components and systems for multinational automotive original equipment manufacturers in North America, Europe, and Asia. International Automotive Components Group North America, LLC is based in the United States.

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United States

Founded in 2006

Key Executives for International Automotive Components Group North America, LLC

International Automotive Components Group North America, LLC does not have any Key Executives recorded.

International Automotive Components Group North America, LLC Key Developments

Motherson Sumi Reportedly Eyes Wilbur Ross Company IAC For $800 Million Buyout

Motherson Sumi Systems Ltd. (BSE:517334) is reportedly in advance negotiations with billionaire investor Wilbur Ross to buy one of his portfolio companies International Automotive Components Group North America, LLC for $750-$800 million as the restructuring guru seeks to cash out of the low margins business following aborted attempts of an IPO, said multiple sources. Motherson Sumi Systems is said to have pipped several global suitors and private equity buyout funds to emerge as the final contender, added the sources mentioned above on condition of anonymity as the talks are still in private domain. One of the sources even added, that both parties are now engaged in exclusive negotiations. Sources add, Motherson Sumi Systems is likely to use its Netherlands-based European arm, Samvardhana Motherson Automotive Systems Group B.V., for the acquisition. Motherson Sumi Systems spokesperson declined to comment on market speculation. Mails sent to spokesperspons of International Automotive Components and Wilbur Ross & Co did not generate a response till the time of going to press.

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Recent Private Companies Transactions

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