Delphi Advisors has advised Decotek Automotive on the strategic acquisition of AAS Automotive, a leading Czech Tier I supplier of surface-finished automotive trim
Delphi Advisors advised Decotek Automotive Ltd., an Irish Tier I supplier of surface-finished functional and decorative automotive exterior trim, on the strategic acquisition of 100% of the shares of AAS Automotive s.r.o. (https://www.aas-automotive.cz/). AAS Automotive, based in Milovice, Czech Republic, is a Tier I supplier of anodized and surface-finished automotive trim, including longitudinal and lateral roof rails, grilles, tread plates and load spaces, for leading OEMs. With the acquisition of AAS Automotive, Decotek Automotive reinforces its leading anodizing and surface finishing know-how and expertise, increases its production capacity and expands its geographic footprint into Central Europe, a strategic location in direct proximity to OEM production facilities.
Delphi Advisors acted as the exclusive M&A and strategic advisor to Decotek Automotive throughout the entire process, including identifying the target, relationship management with the sellers, transaction structuring, financial assessment and valuation support. Delphi Advisors in parallel advised Decotek Automotive on structuring, negotiating and securing acquisition financing, including the roll-over of existing bank financing facilities and a triple net sale-leaseback of AAS Automotive’s owned real estate in Milovice with Arete s.r.o., a regional financial real estate investor.
With this transaction, Delphi Advisors has successfully completed a further complex, cross-border automotive mandate, enabling its client to achieve its strategic goals in a difficult macroeconomic environment.