French car parts supplier Faurecia confirmed it will buy Swiss German auto parts maker in the factory. Faurecia has reported three months ago to acquire some assets in Europe Plastal.
The acquisition of the trading volume between about 220-330 million, depending on the acquisition of the number of completed transactions after the adjustment device to be replaced. Faurecia company spokesman said the deal to expand the basis of its consumer base, particularly the expansion of
Faurecia in the German market four brands of consumer groups, including: Audi, BMW and Porsche and so on. The deal also expands the company's production capacity and strengthen its position in the German manufacturing sector.
This also reinforces Faurecia, Europe's largest supplier of plastic parts and components leading position. Shares of the company's most famous European car manufacturers are owned by Citroen.
"This acquisition is a consolidation of Faurecia Automotive Exteriors as a leader in the European auto parts perfect complement." Faurecia CEO Yann Delabri¨¨re chairman said, "This is a huge car market to face the future
Challenge the best solution, it allows us to guarantee the safety of the premise of reducing the maximum body weight. "
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