DANA acquired Long Manufacturing Ltd., structured as Acquisition of Long Manufacturing Ltd., which became part of Dana's fluid-systems / thermal-products operations (later Dana Canada)..
Long Manufacturing Ltd. operates in Fluid Systems / Thermal Products (heat exchangers and cooling modules), is based in Oakville, Ontario, Canada. Long Manufacturing was a Canadian manufacturer of automotive heat exchangers and thermal-management products, based in Oakville, Ontario. Dana acquired the business to build out its fluid-systems group, adding heat-exchanger and thermal-management capability such as oil coolers and cooling modules; Dana's engine and fluid-systems group cited the addition of Long Manufacturing as a driver of higher sales.
Add thermal-management and heat-exchanger technology to Dana's fluid-systems product lines.
Advisory firms were not disclosed for this transaction.