Ardian has reached a deal to purchase Dynamic Technologies S.A., an automotive tube manufacturer, for an undisclosed amount. Concurrent with the acquisition, Dynamic Technologies will merge with existing Ardian portfolio company Huron Inc., a designer of vehicular fluid-handling systems.
Founded in 1983, Dynamic Technologies is an Attimis, Italy-based manufacturer of tubular parts for the automotive industry. With the merger of Huron, the combined company will have a total of ten manufacturing facilities across the U.S., Canada, Mexico, Italy, the U.K., Poland, Hungary and China. The company will target the fluid handling tubing segment for transmission and engines in North America, Europe and China.