AAIA Factbook 2010 - (Page 7)

afTerMarkeT Mergers anD aCquIsITIons The dollar value of merger and acquisition deals in the U.S. automotive parts and accessories industry increased 27.1 percent in 2008 over 2007. A total of 44 reported mergers and acquisitions occurred among aftermarket manufacturers, distributors and retailers in 2008. Manufacturers accounted for 59.1 percent of the industry’s 2008 mergers and acquisitions with 26 deals, a slight decrease from 31 deals in 2007. Some noteworthy acquirers included Thornwood Associates LP Icahn Enterprises , Holdings LP and Westinghouse Air Brake Tech. Wholesaler mergers and acquisitions experienced an increase in 2008, with 15 deals made, marking the third highest number of deals since 1998. The largest disclosed of these deals included O’Reilly Automotive Inc.’s, acquisition of CSK Auto Inc. for $1,029.4 million. Activity among aftermarket retailer acquisitions declined in 2008 with 3 reported deals, none of whose transaction values were disclosed. acquisitions of u.s. automotive aftermarket Companies (Millions of Dollars) 1998 Manufacturers (SIC 3714) Number of deals Value of deals Wholesalers (SIC 5013) Number of deals Value of deals Retailers (SIC 5531) Number of deals Value of deals Total Number of Deals Total Value of Deals Notes: 1999 2000 33 $5,753.3 13 $55.1 6 $1,275.0 52 2001 2002 2003 38 $7,516.2 8 $440.0 4 $253.5 50 2004 27 $2,173.4 5 $30.0 3 nd 35 $2,203 .4 2005 33 $945.5 22 $105.1 4 $170.5 59 2006 53 $1,442.6 7 $25.2 2 $1,900.0 62 2007 31 $1,737.9 13 $825.9 6 $61.7 50 $2,625 .5 2008 26 $2,195.1 15 $1,141.4 3 nd 44 $3,336 .5 59 52 $11,570.7 $18,696.7 9 $308.1 17 $783.4 85 23 $136.4 7 $302.6 82 38 30 $1,117.5 $12,129.5 8 $437.2 4 $474.9 50 11 nd 2 nd 43 $12,662 .2 $19,135 .7 $7,083 .4 $2,029 .6 $12,129 .5 $8,209 .7 $1,221 .1 $3,367 .8 Source: Only includes deals with effective dates that are announced to make the merger or acquisition official. Includes deals with and without reported values. nd = financial terms not disclosed Historical data have been revised. Thomson Financial IBCM aftermarket Mergers and acquisitions (Total number of Deals) 100 85 80 59 60 40 20 0 52 50 43 50 35 62 50 44 82 Total Number of Deals Notes: Only includes deals whose effective dates occurred within the period tracked. Includes deals with and without reported values. Historical data have been revised. Thomson Financial IBCM 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Source: 7 2010 digital aft ermarket fa c tb o o k cop yrigh t © 2009 aut omotive aft ermarket industry asso c ia tio n http://pages.nxtbook.com/nxtbooks/mercury/aaiafactbook2010/docs/Page_07_Mergers_&_Acquisitions.xls

Table of Contents for the Digital Edition of AAIA Factbook 2010

AAIA Factbook 2010
Contents
Economic and Financial Indicators
Key Economic Indicators
Aftermarket Employment
Technician Employment and Wages
Aftermarket Mergers and Acquisitions
Financial Profiles of Selected Aftermarket Companies
U S Motor Vehicle Aftermarket
Channel Forecast Model
Census Review and Forecast Assumptions
U.S. Motor Vehicle Aftermarket
Size of the Automotive Aftermarket
Aftermarket Sales by Distribution Channel
Aftermarket Service and Retail Channels
Program Distribution Summary
Automotive Aftermarket
Consumer Profile
Sales of Replacement Tires
Replacement Rates for Motor Vehicle Parts and Jobs
Accessories
Aftermarket Accessories
Chemicals and Fluids
Automotive Chemicals and Fluids
Aftermarket Segments
Medium and Heavy Duty Truck Aftermarket
Paint, Body and Equipment Aftermarket
Tool and Equipment Aftermarket
Vehicle Sales, Usage and Registrations
U.S. Motor Vehicle Sales
Top 10 Light Vehicle Sales
U.S. Motor Vehicle Population
Hybrid Vehicles
Vehicle Operating Costs
Gasoline Affordability and Vehicle Miles Traveled
State Summary Statistics
State Summary Statistics
Global Aftermarket
Global Economic and Automotive Data
Global Vehicle Registrations
Canadian Aftermarket
Mexican Aftermarket
Chinese Aftermarket
Glossary and Reference
Glossary of Aftermarket Terms
NAICS Definitions
Aftermarket Data Resources
Aftermarket Data Resources
AAIA Market Research
AAIA Market Research
AAIA – Lang Market Comparison
Harmonization of Aftermarket Industry Data

AAIA Factbook 2010