July 01, 2016

Cerberus Capital Management Acquires ABC Group

Goodmans LLP represented ABC Group, Inc. (ABC Group), one of the world’s leading automotive suppliers of thermoplastic components and systems, in its acquisition by an affiliate of Cerberus Capital Management, L.P. (Cerberus), a leading global private investment firm. The terms of the transaction were not disclosed.

Founded in 1974 and headquartered in Toronto, Canada, ABC Group designs, develops and manufactures a portfolio of thermoplastic products from its 36 locations throughout North America, South America, Europe and Asia.

Cerberus, one of the world’s leading private investment firms, has more than US$30 billion under management invested in four primary strategies: control and non-control private equity; distressed securities & assets; commercial mid-market lending and real estate-related investments.

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