Solero Technologies
Automotive Parts · Michigan, United States · 1K - 5K Employees
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Overview
Headquarters
2114 Austin Ave, Rochester, Michigan, 48...Phone Number
(662) 473-3100Website
www.solerotechnologies.comRevenue
$286.9 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
3
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About Solero Technologies
Solero Technologies specializes in advanced controls and actuator solutions, catering to vehicle OEMs, Tier-1 suppliers, and system designers globally. Their product range includes solenoids, control valves, and various automotive components aimed at enhancing performance, safety, and comfort in vehicles. With over a century of expertise, Solero is committed to driving innovation for a cleaner and more efficient future in mobility. The company focuses on delivering customizable technologies that meet the demands of modern transportation, ensuring reliability and efficiency across diverse markets.Explore more
Solero Technologies Org Chart
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Activity Insights
Solero Technologies is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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Solero Technologies is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Solero Technologies.
Solero Technologies Tech Stack
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Most Recent Scoops
Left Company
Executive Move
Anthony Vultaggio, Vice President & Chief Financial Officer, has recently left the organization and now serves as Chief Financial Officer for Fisher Dynamics.
Executive Moves, Left Company
Layoffs
Layoffs
Mergers & Acquisitions (M&A)
Mergers & Acquisitions, Acquisitions, Mergers
Mergers & Acquisitions (M&A)
Solero Technologies News & Media
Atar Capital Announces Affiliate Solero Technologies’ Acquisition of Kendrion’s Automotive Business
LOS ANGELES--(BUSINESS WIRE)--Atar Capital, a Los Angeles-based global private investment firm, today announced its affiliate Solero Technologies’ successful acquisition of Kendrion’s (KENDR.AS) automotive business in the United States and Europe. The sale netted at an enterprise value of $67.1 million. The revenues of the divested activities amounted to $231 million with an EBITDA contribution of $23.1 million USD. Solero Technologies is a global supplier of controls offering a comprehensive rAtar Capital Announces Solero Technologies Signs Agreement to Acquire Kendrion’s Automotive Business
LOS ANGELES--(BUSINESS WIRE)--Atar Capital, a Los Angeles-based global private investment firm, announced today that Solero Technologies has signed an agreement with Kendrion (KENDR.AS) to acquire Kendrion’s automotive business in Europe and the United States. Solero Technologies will effectuate the transaction with support from Atar Capital. The transaction is expected to close in Q3 2024, subject to customary conditions. The transaction has an enterprise value of roughly USD 70 million (EUR 6Solero Technologies CEO honored with education award | Northwood University
Dr. Donald R. James is responsible for driving Solero’s vision and strategic direction while ensuring long-term profitable growth.
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Frequently Asked Questions Regarding Solero Technologies
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Solero Technologies specializes in advanced controls and actuator solutions, catering to vehicle OEMs, Tier-1 suppliers, and system designers globally. Their product range includes solenoids, control valves, and various automotive components aimed at enhancing performance, safety, and comfort in vehicles. With over a century of expertise, Solero is... Read More
