M2 Capital Partners International Holdings Limited has made an offer to acquire Superior Industries International, Inc. (NYSE:SUP) for approximately $160 million on November 11, 2022. M2 Capital Partners will commence a tender offer on November 11, 2022, to acquire 100% of the outstanding shares of Superior Industries International for $5.85 cash per share. The transaction will be funded by cash. The transaction is subject to the condition that at least 51% of the outstanding Superior shares are tendered, and other customary terms and conditions. Completion of the tender offer is expected to be in the first quarter of 2023.

M2 Capital Partners International Holdings Limited cancelled the acquisition of Superior Industries International, Inc. (NYSE:SUP) on March 23, 2024.