What did CIE Automotive acquire?

CIE Automotive acquired 100% of the share capital of Aludec, S.A., a supplier of decorative automotive components.

How much did CIE Automotive pay for Aludec?

The transaction value for Aludec was €200 million, paid in cash.

What does Aludec specialize in?

Aludec specializes in manufacturing decorative plastic and metal parts for both the interior and exterior of vehicles.

Home / Business and Economy / CIE Automotive Buys Aludec for €200M

CIE Automotive Buys Aludec for €200M

24 Dec

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Summary

CIE Automotive acquired 100% of Aludec for €200 million.
Aludec has 1,300 employees and ten manufacturing facilities.
Aludec supplies decorative interior and exterior automotive components.

CIE Automotive has completed the acquisition of Aludec, S.A., purchasing 100% of its share capital for an enterprise value of €200 million. This significant transaction was financed entirely through CIE Automotive's currently available cash reserves and represents a multiple of approximately five times Aludec's current year EBITDA.

Aludec operates ten manufacturing facilities across Spain, Portugal, Mexico, and the United States, employing around 1,300 individuals. The company is a specialized supplier of decorative plastic and metal components for both interior and exterior automotive applications, with expected sales reaching approximately €160 million in 2025.

This move strategically establishes a new aesthetic components (branding) division within CIE Automotive, broadening its product portfolio and strengthening its global supply capabilities. Aludec's strong profitability, financial standing, and cash generation align well with CIE Automotive's operational strengths and diversification strategy.

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