Atlas Holdings Signs Agreement to Acquire SRG Global
Atlas Holdings and Guardian Industries have signed an agreement for an affiliate of Atlas Holdings to acquire SRG Global, one of the world’s leading manufacturers of integrated and functional decorative trim systems for the automotive, mobility, and commercial truck industries. Terms of the transaction were not disclosed. The transaction is anticipated to close by early 2025, subject to customary closing conditions and regulatory approval.
Headquartered in Troy, Michigan, SRG Global manufactures premiere automotive components across sites in North America, Western and Central Europe and Asia. Upon closing of the transaction, SRG Global would be the latest automotive component manufacturer to join the Atlas family of companies, alongside Motus Integrated Technologies, Carlex, the Edison Group Companies and US Farathane.
“Automotive supply has long been a sector of focus for Atlas, and we see tremendous potential for continued investments in the years ahead. We are looking forward to working with the talented team at SRG Global to strengthen the business’ reputation as a leading supplier of integrated, functional decorative systems for the automotive and commercial truck industries,” said Atlas Managing Partner Jacob Hudson.
Michael Lee, President, SRG Global, adds “With Atlas Holdings’ capital, strategic commitment and vision for building businesses, SRG Global will be positioned for long-term growth and an enhanced competitive position. We’re excited to build upon our strong existing foundation as a member of the Atlas family of companies.”
About Atlas Holdings
Headquartered in Greenwich, Connecticut and founded in 2002, Atlas and its affiliates own and operate 26 companies, which employ more than 50,000 associates across 350 facilities worldwide. Atlas operates in sectors such as automotive, building materials, capital equipment, construction services, food manufacturing and distribution, metals processing, packaging, paper, power generation, printing, pulp, supply chain management and wood products. Atlas’ companies together generate approximately $16 billion in revenues annually.
About Guardian Industries
Guardian Industries, a global company headquartered in Auburn Hills, Michigan, operates facilities throughout North and South America, Europe, Africa, the Middle East and Asia. Guardian companies employ 11,800 people and manufacture high-performance float glass; coated and fabricated glass products for architectural, residential, interior, transportation and technical glass applications; and integrated, functional decorative systems for the automotive, mobility, and commercial truck industries. Guardian’s vision is to be a preferred partner to our customers, suppliers, employees, and communities based on a foundation of mutual benefit. This drives our relentless focus on improving people’s lives by providing products and services they value more highly than their alternatives and doing so responsibly while consuming fewer resources. Guardian is a Koch company. Visit guardian.com.
About SRG Global
SRG Global® is one of the world’s leading manufacturers of integrated, functional decorative systems for the automotive, mobility, and commercial truck industries. SRG Global has a manufacturing presence in major world regions including North America, Western and Central Europe, and Asia, and is headquartered in Troy, Michigan, USA. SRG Global engineers solutions through numerous technologies (such as plastic, metal, paint, and lighting) to provide greater surface durability, structural integrity, enhanced functionality and appearance, and design flexibility. The result is the development of innovative integrated trim and related systems that create value for customers and consumers to go Beyond the finish™. Visit srgglobal.com.