American Industrial Acquisition Corporation has acquired KI USA Corporation, expanding its capabilities in the automotive component manufacturing sector.

Information on the Target

On November 21, 2024, an affiliate of American Industrial Acquisition Corporation (AIAC) acquired KI USA Corporation from Keiaisha Co., Ltd., a renowned automotive components manufacturer based in Japan. KI USA Corporation specializes in medium-sized metal stamped and welded assemblies, equipped with advanced electrodeposition coating technology. This company directly serves prominent North American OEM customers, including Nissan and Volkswagen, as well as Tier 1 suppliers for manufacturers like Toyota, Honda, Subaru, Mazda, and Ford.

Located in Berea, Kentucky, KI USA's facility integrates advanced metal stamping, welding, and electrodeposition processes, providing high-quality, cost-competitive automotive components. The acquisition also encompasses KI USA's subsidiary in Irapuato, Guanajuato, Mexico, which caters to the Mexican market. Notably, KI USA produces essential parts for internal combustion, hybrid, and electric vehicles, leveraging extensive automated equipment, such as programmable robotic welders and parts handlers.

Industry Overview in the Target's Specific Country

The automotive components industry in the United States is a pivotal sector, contributing significantly to the nation's economy. The industry is characterized by a robust supply chain that facilitates the manufacture and distribution of components to various original equipment manufacturers (OEMs).