Sagent Advisors, LLC acted as exclusive financial advisor to EXX Inc. and Newcor, Inc., and Horwood Marcus & Berk Chartered acted as legal advisor to EXX Inc. and Newcor, Inc. on this transaction.
About Newcor, Inc.
Headquartered in Rochester Hills, Michigan, Newcor specializes in the manufacturing of high precision machined products for the automotive sector. The Company, including its subsidiaries, Machine Tool & Gear, Inc., Rochester Gear, Inc. and Deco Engineering, Inc., provides precision machined engine, powertrain and transmission components. Newcor's customers include automotive OEMs and leading Tier 1 suppliers. The Company operates three manufacturing facilities located in Clifford, Corunna and Owosso, Michigan. For more information, please visit www.newcor.com.
About CIE Automotive S.A.
Founded in 1996 and headquartered in Bilbao, Spain, CIE Automotive engages in the design, manufacture and sale of components and sub-assemblies to the automotive market worldwide. It offers engine and powertrain products, interior and exterior trims, chassis and steering products, roof systems and more. For more information, please visit www.cieautomotive.com.
Contact: Barry Borodkin, email@example.com
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SOURCE Newcor, Inc.