$1.44 billion recommended combination of Dauch Corporation and Dowlais Group plc.
About the deal
Dauch Corporation (formerly American Axle & Manufacturing) acquired Dowlais Group plc and its subsidiaries – GKN Automotive and GKN Powder Metallurgy.
Our UK Corporate Broking & PLC Advisory team is pleased to have acted as Joint Broker to Dowlais Group plc, a British company operating in the automotive and powder metallurgy industries, on its $1.44 billion recommended combination of Dauch Corporation – a global, Tier 1 automotive supplier specialising in driveline and metal-forming technologies for electric, hybrid and ICE vehicles.
The combined company will operate under one unified brand: the Dauch Corporation. Dauch brings together two organizations with deep engineering roots, global manufacturing capability, and a shared entrepreneurial spirit. To mark the completion of the acquisition, the company introduced its brand platform, Built to Perform, underscoring Dauch’s commitment to engineering excellence, operational discipline, and long-term value creation. This platform reflects not only the company’s heritage but the expectations of its global customers who rely on Dauch for consistency, reliability, quality and performance.
As a result, the Dowlais shares has been delisted from the London Stock Exchange.
About Dauch
Dauch Corporation is a premier Driveline and Metal Forming supplier serving the global automotive industry with a powertrain-agnostic product portfolio that supports electric, hybrid, and internal combustion vehicles. The company is headquartered in Detroit, MI, with operations that span 24 countries and more than 175 locations.
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This is a defining and transformational time for both companies. By uniting the capabilities of both organizations under one brand, we’re creating a premier Driveline and Metal Forming supplier serving the global automotive industry that is built to perform—one positioned to meet today’s demands and lead into the next era of propulsion.
Our role
We are delighted to support the Dowlais management team with this milestone transaction.
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The proposed combination highlights the strategic value of Dowlais’ high-technology engineering platforms and the broader strength of UK industrials. Investec has deep roots in the sector and a proven record supporting UK mid-market industrial champions. We’re pleased to continue advising the team as they pursue long-term value creation.
