Acquisitions AMI Acquisition In the first quarter of 2018, the Company finalized its purchase of 100% equity interest of the China fuel and brake business of AMI Industries (AMI China) for cash consideration of $3,900 . This acquisition directly aligns with the Companys growth strategy by expanding the Companys fuel and brake business. The results of operations of AMI China are included in the Companys consolidated financial statements from the date of acquisition and reported within the Asia Pacific segment. The pro forma effect of this acquisition would not have materially impacted the Companys reported results for any periods presented, and as a result no pro forma information has been presented. This acquisition was accounted for as a business combination, with the total purchase price allocated using information available. The fair value of identifiable assets acquired and liabilities assumed exceeded the fair value of the consideration transferred by an immaterial amount. INOAC Acquisition In the first quarter of 2018, the Company purchased the remaining 49% equity interest of Cooper-Standard INOAC Pte. Ltd., a fluid transfer systems joint venture, at a purchase price of $2,450 . This acquisition was accounted for as an equity transaction. Subsequent to the transaction, the Company owns 100% of the equity interests of Cooper-Standard INOAC Pte. Ltd. Lauren Acquisition In the third quarter of 2018, the Company acquired the assets and liabilities of Lauren Manufacturing and Lauren Plastics (together Lauren), extruders and molders of organic, silicone, thermoplastic and engineered polymer products with expertise in sealing solutions, to further expand the Companys Industrial and Specialty Group and non-automotive and adjacent markets. The base purchase price of the acquisition was $92,700 . The results of operations of Lauren are included in the Companys consolidated financial statements from the date of acquisition and reported within the North America segment. The pro forma effect of this acquisition would not have materially impacted the Companys reported results for any periods presented, and as a result no pro forma information has been presented. This acquisition was accounted for as a business combination, resulting in the recognition of intangible assets of $34,810 and tax deductible goodwill of $26,080 . The following table summarizes the estimated fair value of Lauren assets acquired and liabilities assumed at the date of acquisition, which includes insignificant measurement period adjustments: August 1, 2018 Accounts receivable $ 11,092 Inventories 7,566 Prepaid expenses and other 365 Property, plant, and equipment 22,847 Goodwill 26,080 Intangible assets 34,810 Other assets 1,488 Total assets acquired 104,248 Accounts payable 4,565 Other current liabilities 2,286 Other liabilities 4,673 Total liabilities assumed 11,524 Net assets acquired $ 92,724 LS Mtron Automotive Parts Acquisition In the fourth quarter of 2018, the Company acquired 80.1% of LS Mtron Ltd.s automotive parts business, now named Cooper Standard Automotive and Industrial, Inc. The acquisition added jounce brake lines and charge air cooling technology to the Companys automotive fluid transfer and fuel and brake delivery systems product lines and further expands core product offerings. The base purchase price was $25,750 . The noncontrolling interest was determined to have a fair value of $6,400 . The results of operations of Cooper Standard Automotive and Industrial, Inc., are included in the Companys consolidated financial statements from the date of acquisition and reported within the Asia Pacific segment. The pro forma effect of this acquisition would not have materially impacted the Companys reported results for any periods presented, and as a result no pro forma information has been presented. This acquisition was accounted for as a business combination, and the fair value of identifiable assets acquired and liabilities assumed approximated the fair value of the consideration transferred. In 2019, the Company recorded insignificant measurement period adjustments primarily due to working capital adjustments, which resulted in an increase to the base purchase price. Hutchings Automotive Products Acquisition In the fourth quarter of 2018, the Company acquired the assets and liabilities of Hutchings Automotive Products, LLC (Hutchings), a North American supplier of high quality fluid carrying products for automotive powertrain and coolant systems applications. The base purchase price was $42,100 . The results of operations of Hutchings are included in the Company's consolidated financial statements from the date of acquisition and reported within the North America segment. The pro forma effect of this acquisition would not have materially impacted the Companys reported results for any periods presented, and as a result no pro forma information has been presented. This acquisition was accounted for as a business combination, resulting in the recognition of intangible assets of $11,100 and tax deductible goodwill of $5,200 .