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Lincoln International Represents Century Plastics in its Transaction with Autometal, S.A., the Brazilian Publicly-Traded Subsidiary of CIE Automotive


century plastics (select to view enlarged photo)

NEW YORK--Oct. 5, 2012: Lincoln International LLC ("Lincoln"), a leading global middle market investment bank, has announced that Century Plastics, Inc. ("CPI" or the "Company") has completed a transaction under which Autometal, S.A. ("Autometal"), a Brazilian publicly-traded subsidiary of the Spanish component group CIE Automotive, S.A. ("CIE"), has acquired a 65% shareholding in the Company.

CPI is a leading designer and manufacturer of high-quality injection molded and compression molded assemblies for the vehicle interior, including seat, window and door trim, rear cargo assemblies, seat backs, cup holders, structural and carpeted load floors and more. Founded in 1999 and based in Shelby Township, Michigan, CPI has experienced rapid growth and offers a wide range of products to its long-standing blue-chip customer base.

Robert Satow, Managing Director and Co-Head of Lincoln's Global Automotive & Truck Group, commented, "We are delighted to have had the opportunity to work with Century Plastics, Autometal and CIE Automotive on this important transaction and look forward to continuing to work with the Company as it executes its growth strategy. This is the first Brazil-US transaction we have completed in the automotive space, and it coincides with the opening of our Sao Paulo office."

Lincoln International acted as the exclusive financial advisor to CPI, working closely with the Company throughout the process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.