PROMA S.p.A. has acquired Allgaier de Puebla, S.A.R.L.
Automotive supplier PROMA S.p.A. has completed the acquisition of Allgaier de Puebla, S.A.R.L., a Mexican company that produces structural components for international car manufacturers. The sale took place as part of the insolvency proceedings of the Allgaier Group.
PROMA manufactures components for the automotive sector, specializing in the development and production of seat structures and mechanisms, body assemblies and front-end suspension crossbeams. The company partners with major automotive manufacturers worldwide, collaborating on development projects for hundreds of vehicle platforms. It has 26 manufacturing plants located in eight countries across Europe, South America, North America and Africa. PROMA conducts product and process development at two research and development (R&D) centers and testing labs based in Italy.
Allgaier de Puebla is a supplier to German automakers in the North American market, specializing in the production of structural and chassis components. The company is particularly known for its high level of expertise in cold forming manufacturing and assembly production.
Oaklins’ team in Italy acted as the financial advisor to the family that controls PROMA.
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