Greenwich, Connecticut – Aviation Industry Corp. of China (AVIC) has completed the purchase of vehicle sealing and anti-vibration parts manufacturer Henniges Automotive Inc, Littlejohn, the private equity firm which owned Henniges has announced.
Headquartered in Auburn Hills, Michigan, Henniges designs, manufactures and sells engineered vehicle systems for doors, windows, trunks, lift-gates, sunroofs and hoods.
The company has a global network of 15 manufacturing plants and five engineering and technical centres, with nearly 7,000 employees in six countries.
Connecticut-based Littlejohn acquired Henniges in 2010 and recruited auto industry veteran Douglas DelGrosso as CEO. Under Littlejohn’s ownership, Henniges completed a strategic add-on acquisition in eastern Europe, consolidated ownership of its JV operation in China, and launched production in four new manufacturing facilities in China and Mexico.
“The Littlejohn team provided us valuable assistance and support that enabled us to secure nearly $500 million of new business over the last three years and to drive substantial operational improvements throughout our organisation,” said DelGrosso.
With AVIC’s support, he added, Henniges remains well-positioned to capitalise on OEMs migrating towards global platforms.