FARMINGTON HILLS, Mich. (Dec. 19, 2007) — Metzeler Automotive Profile Systems—North America has completed its acquisition of GDX Automotive, and the two entities will be combined to form a new global automotive sealing company.
The company will assume a new name — Henniges Automotive — the firm announced Dec. 14. Well-known in Europe, the Henniges name is derived from GDX Automotive's most recognized brand founded in Germany by Ernst Henniges in 1951.
Building upon that heritage, Henniges Automotive will offer "stronger, more diverse product lines in both sealing and anti-vibration systems globally," the company said.
Headquartered in Farmington Hills, Henniges Automotive will supply sealing and anti-vibration systems to the global automotive industry via 18 facilities located in North America, Europe and Asia. The combined global operations of MAPS and GDX had sales of $700 million in 2006.
MAPS — a portfolio company of Chicago-based private equity firm Wynnchurch Capital — announced Oct. 19 it was purchasing GDX. Wynnchurch acquired MAPS' North American operations in September, shortly after Cooper-Standard Automotive Inc. completed its acquisition of Metzeler's European business.