Diversified metal component manufacturer JD Norman Industries Inc. has entered into an agreement to acquire all assets of REGE Motorenteile GmbH and all shares in REGE Automotive Brasov in Romania. Headquartered in Eisenach, Germany, REGE is a manufacturer of precision-machined components and assemblies for automotive and industrial markets. REGE has manufacturing operations in Germany and Romania. The transaction is subject to applicable antitrust approvals and is expected to close by the end of 2017.
“The acquisition of REGE is a significant step in JD Norman’s strategy of global expansion. The addition of REGE’s manufacturing operations in Germany and Romania provide entry into key European markets,” said Justin Norman, president and CEO, JD Norman Industries Inc. “Additionally, REGE’s product portfolio is a strong fit for JD Norman and allows the company to develop new and growing technologies.”
REGE manufactures precision-machined components, including crankcases, cylinder heads, balance shafts, housings, connecting rods, common rails, valve bodies and gear parts, as well as chassis and structural components. REGE’s customers include OEMs and Tier 1 automotive suppliers.
“JD Norman will integrate REGE within our group to provide the customers with a fully consolidated and efficient supplier,” said Norman. “I am honored to welcome the skilled employees of REGE to the JD Norman team.”
JD Norman’s acquisition of REGE will create a global automotive and industrial supplier of highly engineered components employing approximately 2,000 people throughout 14 locations in six countries.
For more information on JD Norman Industries, visit jdnorman.com.