Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced today that it has acquired 100% of the capital stock of Stabil Operative Group GmbH, a German company (“Stabil”). Stabil is a manufacturer and distributor of a variety of components, including electronic sensors, control units, and clamping devices…
SMP Announces Acquisition of Trombetta
June 1, 2021
Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced today that it has acquired 100% of the capital stock of Trumpet Holdings, Inc., a Delaware corporation (more commonly known as “Trombetta”), for $108 million, subject to certain post-closing adjustments. Trombetta is a worldwide leader in providing power switching and power management products to OE customers in various markets…
SMP Announces Acquisition of Particulate Matter Sensor Business of Stoneridge, Inc.
March 8, 2021
Standard Motor Products, Inc. (NYSE: SMP), a leading automotive replacement parts manufacturer and distributor, announced today that it has acquired certain assets and liabilities of the particulate matter sensor business of Stoneridge, Inc. Stoneridge’s particulate matter sensor business has manufacturing lines in Lexington, Ohio, and Tallinn, Estonia, and generates approximately $12-14 million in annual revenue…
SMP Named 2020 Supplier of the Year by O’Reilly Auto Parts
March 4, 2021
Standard Motor Products, Inc. (NYSE: SMP®) today announced it was named the 2020 Supplier of the Year by O’Reilly Auto Parts, an award it also received in 2018. Standard Motor Products was presented with the award during O’Reilly Auto Parts’ Annual Leadership Conference…