Novi, Michigan – Cooper Standard Automotive Inc. has agreed to acquire Lauren Manufacturing and Lauren Plastics, strengthening its reach into non-automotive industries.
The deal is pending regulatory approvals and consent from the related parties. Terms of the acquisition were not disclosed.
Lauren’s manufacturing and plastics businesses are part of New Philadelphia, Ohio-based Lauren International. They produce extruded and moulded parts of organic, silicone, thermoplastic and engineered polymer products. The units specialise in sealing solutions for industrial and speciality automotive applications.