DANA Inc acquisition history.

Aftermarket distribution business of Magnum Gaskets, giving Dana access to new customers for sealing products and an additional aftermarket sales channel for its Spicer, Victor Reinz, Glaser and other sealing brands. The deal closed in January 2016; Dana later recorded a full goodwill impairment of $6 million on the acquired business in 2019.

Strategic assets of the commercial vehicle steer axle systems and related forged components businesses of SIFCO S.A., a Brazilian entity that had operated under judicial restructuring since 2014. Dana acquired the assets through a Brazilian bankruptcy-court-supervised competitive auction, adding two manufacturing facilities and approximately 1,400 employees, free and clear of legacy liabilities.

The power-transmission and fluid power businesses of Brevini Group, S.p.A. of Italy. Brevini's technologies include mobile planetary hub drives; planetary gearboxes; hydraulic pumps, motors, and valves; and advanced electronic control systems. Founded in 1960, the privately held Brevini Group employed approximately 2,300 people with major engineering and manufacturing operations in China, Germany, and Italy; the businesses acquired reported sales of EUR 388 million in 2015.

Axle housing and driveline shaft manufacturing operations of U.S. Manufacturing Corporation's Warren, Michigan facility, contributed into a newly created entity (Warren Manufacturing LLC). The business manufactures axle housings, extruded tubular products and machined components and brings proprietary tube-manufacturing processes and intellectual property for lightweight thin-wall axle tubes and hollow axle shafts using a proprietary cold-extrusion process.

A 55% controlling ownership interest in TM4 Inc. of Boucherville, Quebec, acquired from Hydro-Quebec. TM4 designs and manufactures motors, power inverters and control systems for electric vehicles, complementing Dana's electric gearboxes and thermal-management technologies. TM4 also held a 50% interest in PEPS (Prestolite E-Propulsion Systems Beijing).

A 100% ownership interest in S.M.E. S.p.A. of Italy, which designs, engineers, and manufactures low-voltage AC induction and synchronous reluctance motors, inverters, and controls for a wide range of off-highway electric vehicle applications, including material handling, agriculture, construction, and automated-guided vehicles.

The Drive Systems segment of the Oerlikon Group, a global manufacturer of high-precision gears, planetary hub drives for wheeled and tracked vehicles, and products, controls, and software that support vehicle electrification. The deal included the Graziano and Fairfield brands, the VOCIS electronic-controls business, and Ashwoods Electric Motors, adding four research-and-development facilities and 12 manufacturing facilities.

Prestolite Electric Beijing Limited's (PEBL) 50% ownership interest in PEPS, which manufactures and distributes electric mobility solutions including electric motors, inverters, and generators for commercial vehicles and heavy machinery. Combined with Dana's existing interest through its TM4 subsidiary, the purchase gave Dana 100% ownership and a controlling financial interest. PEPS operates a state-of-the-art facility in China.

A 100% ownership interest in Nordresa Motors, Inc. of Canada, a prominent integration and application engineering expert for the development and commercialization of electric powertrains for commercial vehicles.