DANA acquired Hayes-Dana Inc., a transaction completed in 1995, structured as Purchase of the remaining minority shares of Hayes-Dana Inc. in 1995, bringing the Canadian business to full ownership..
Hayes-Dana Inc. operates in Vehicular / Aftermarket components, is based in Canada. Hayes-Dana was a Canadian subsidiary that manufactured new and replacement parts for trucks, automobiles, off-highway vehicles and industrial equipment. Dana purchased the remaining shares it did not already own in 1995, taking the business to full ownership.
Consolidate full ownership of a Canadian manufacturer of new and replacement vehicular and industrial parts.
Advisory firms were not disclosed for this transaction.