MAHLE GmbH, headquartered in Stuttgart, Germany, is a leading manufacturer of components and systems for combustion engines and engine peripherals.  MAHLE’s products range from piston systems, cylinder components, valve train systems via air management systems to liquid management systems.  With approximately 37,500 employees, MAHLE operates more than 80 production facilities and seven research and development centers throughout the world.  MAHLE generates annual sales in excess of €4.0 billion and ranks among the 30 largest automotive suppliers worldwide.

The engine hard parts business of Dana Corporation, a global auto parts provider, consists of 39 locations in 10 countries with approximately 5,000 employees.  The main products of the engine hard parts business are piston rings, engine bearings, cylinder liners and camshafts manufactured and sold under the Perfect Circle®, Clevite®, and Glacier Vandervell™ brands.  The business generated sales of approximately $670.0 million in 2005.

Crowe Capital provided financial advisory services to MAHLE GmbH.