---
schema_version: "secwatch.filing_event.v1"
accession: "0000093389-24-000045"
form_type: "8-K"
ticker: "SMP"
cik: "0000093389"
company_name: "STANDARD MOTOR PRODUCTS, INC."
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T07:11:48.385064+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Standard Motor Products completes $390M acquisition of Nissens Automotive

## Summary
- Acquired 100% of Nissens Automotive for ~$390M (€360M) net of cash and debt, closed Nov 1, 2024.
- Funded via borrowings under SMP's credit facility with JPMorgan Chase Bank.
- Nissens is a European manufacturer/distributor of engine cooling, A/C, and vehicle control technologies.
- Acquired from Nordic PE firm Axcel and the Nissen family; creates aftermarket leader in NA and Europe.
- CEO cites cross-selling and bi-directional synergies; Nissens' leadership team stays on.

## SEC filing metadata
- accession: 0000093389-24-000045
- form_type: 8-K
- ticker: SMP
- cik: 0000093389
- company_name: STANDARD MOTOR PRODUCTS, INC.
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93389/000009338924000045/0000093389-24-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93389/000009338924000045/smp-20241101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000093389-24-000045
- JSON: https://secwatch.observer/filing/0000093389-24-000045.json
- Plain text: https://secwatch.observer/filing/0000093389-24-000045.txt

## Key facts
- M&A Transactions
  STANDARD MOTOR PRODUCTS, INC. completed an acquisition involving AX V Nissens III ApS and its direct and indirect subsidiaries (Nissens Automotive) for approximately $390 million (€360 million), net of cash and assumed debt and subject to certain post-closing adjustments (closed 2024-11-01).
  - Action: acquisition
  - Counterparty: AX V Nissens III ApS and its direct and indirect subsidiaries (Nissens Automotive)
  - Consideration: approximately $390 million (€360 million), net of cash and assumed debt and subject to certain post-closing adjustments
  - Closing: 2024-11-01
  source text: among the Company, the sellers party thereto, and Axcel V K/S, as the sellers’ representative. At the closing of the Acquisition, the Company paid consideration of approximately $390 million (€360 million), net of cash and assumed debt and subject to certain post-closing adjustments. The Company funded the Acquisition with borrowings under the Company's credit
  evidence_url: https://www.sec.gov/Archives/edgar/data/93389/000009338924000045/0000093389-24-000045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.