Detroit Manufacturing Systems has completed its previously announced acquisition of Android Industries and Avancez, formally establishing a new global manufacturing and assembly company operating under the name Voltava. The newly formed entity is headquartered in Auburn Hills, Michigan, and is wholly owned by Bruce Smith, who will serve as Chairman and Chief Executive Officer.
The transaction brings together three established manufacturing organizations with complementary capabilities, creating a scaled platform designed to support long-term growth across multiple end markets. Voltava now operates as a global manufacturing and assembly partner serving automotive, industrial, e-mobility, micromobility, heavy truck, government, and tooling and equipment design and manufacturing customers.
Following the acquisition, Voltava employs approximately 5,400 team members across 21 locations worldwide, including 19 facilities in North America, one in South America, and one in Europe. The company supports original equipment manufacturers and customers across major global markets, with a strategic focus on delivering scalable, high-quality manufacturing solutions and expanding its portfolio of international partnerships.
The formation of Voltava represents a consolidation of operational scale, financial resources, and manufacturing expertise across Detroit Manufacturing Systems, Android Industries, and Avancez. The combined organization is positioned to deliver complex module assembly, sequencing, contract manufacturing, supply chain services, automation, and tooling and equipment design capabilities across a broad range of industries.
Voltura builds on the legacy of its predecessor companies while operating as a unified organization with a shared commitment to quality, safety, operational excellence, and environmental responsibility. The company’s leadership has emphasized maintaining a people-focused culture rooted in collaboration, accountability, diversity, and long-term value creation for customers, partners, and employees.
Support: Detroit Manufacturing Systems was advised on the transaction by Palm Tree Securities and CMD Global Partners, with Foster Swift Collins and Smith serving as legal advisors. Android Industries was advised by J.P. Morgan Securities, with Kerr, Russell, and Weber acting as legal advisors.
To support the acquisition, Wells Fargo served as agent on a new $450 million asset-based credit facility. PNC Capital Markets acted as joint lead arranger, and U.S. Bank participated in the transaction. Wells Fargo previously served as Detroit Manufacturing Systems’ sole senior lender.
KEY QUOTES:
“Today marks a transformational step in our journey as we officially launch Voltava. By uniting our complementary strengths, operational scale and financial capacity, we are establishing a new leader in the global manufacturing and assembly space focused on delivering long-term value, quality, innovation and exceptional service to our customers worldwide.”
“We will continue building upon the founding values and principles of our legacy companies. The Voltava brand is a true representation our unique and passionately people-focused culture. We have created something special fostering an environment of collaboration, social responsibility, respect, diversity, accountability and excellence.”
Bruce Smith, Chairman And Chief Executive Officer, Voltava
