Delphi signs definitive agreement to acquire Antaya Technologies Corp.

en

Acquisition enhances Delphi’s connector portfolio. Proprietary on-glass connectors technology expands Delphi’s capabilities.

<< Back
  • Delphi - administration

Antaya’s products expand Delphi’s electrical/electronic architecture portfolio into glass applications, adding new customers and driving additional electronic content per vehicle. This transaction is consistent with our strategy to allocate capital to growth opportunities that enhance Delphi’s leadership position in automotive connectors

Rodney O’Neal, Delphi chief executive officer and president

Delphi Automotive PLC (NYSE: DLPH) has signed a definitive agreement to acquire Antaya Technologies Corp. (“Antaya”), a leading provider of proprietary on-glass connectors, enhancing the company’s portfolio in the rapidly growing automotive electrical connectors business.

Antaya is the largest manufacturer of on-glass connectors for the automotive glass industry in North America, with a growing customer base in China and Europe. Antaya also supplies lead-free connectors, another area of growth, as global automakers seek more lead-free content in their vehicles.

“Antaya is an excellent strategic fit with Delphi, as it adds an important new connector technology to our already strong electrical connectors business,” said Rodney O’Neal, Delphi chief executive officer and president. “Antaya’s products expand Delphi’s electrical/electronic architecture portfolio into glass applications, adding new customers and driving additional electronic content per vehicle. This transaction is consistent with our strategy to allocate capital to growth opportunities that enhance Delphi’s leadership position in automotive connectors.”

Antaya provides a broad range of on-glass products including power terminals, antenna assemblies, keyless entry and tire pressure monitoring, and other custom connector assemblies for automotive electronics.

“Joining Delphi is an exciting opportunity to expand our business and accelerate our growth,” said John Pereira, Antaya chief executive officer and president. “Delphi gives us the opportunity to further leverage our global footprint. Importantly, the transaction will significantly strengthen our position in the automotive industry and allow us to provide a higher level of service and support to our customers.”

The transaction is expected to close in the fourth quarter of 2014 subject to receipt of regulatory approvals. Terms of the transaction were not disclosed.

Back to top  | << Back

Communiqués liés

2 - Source The State of Maritime Piracy 2018  One Earth Future (002)
12/08/2019

Kleos Space change d’orbite en réponse à la demande du m...

4,5 fois plus de données dans les zones d'activités illégales principales en ...

Kleos Space S.A.
ERG
12/08/2019

ERG’s Metalkol RTR announces inaugural Clean Cobalt Perfor...

Eurasian Resources Group (“ERG” or “The Group”), a leading diversified n...

Eurasian Resources
469544 (002)
09/08/2019

Dunlop Sport Classic tops Auto Bild Klassik’s vintage tire...

The Dunlop Sport Classic acknowledges like no other vintage tire that classic ve...

Goodyear Dunlop
CFL
09/08/2019 Partenariat

Renforcement du partenariat Mars Logistics, DFDS et CFL mult...

Mars Logistics, DFDS et CFL multimodal annoncent le renforcement de leur partena...

CFL multimodal
LXECV 01
08/08/2019 Partenariat

Cargolux and Unions sign new Collective Work Agreement

On Monday 05 August 2019, Cargolux management and unions signed a new collective...

Cargolux
Portnoy Elliott photo
08/08/2019 Partenariat

The world's largest law firm to combine with an elite firm i...

Dentons' combination with Lee International will uniquely position the firms to ...

Dentons

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more