Conti to acquire Cooper Standard AVS business 

Novi, Michigan – Cooper Standard has reached an agreement to divest its anti-vibration systems business to Continental, the companies announced 2 Nov.

The agreement includes a binding offer from Continental to purchase substantially all of Cooper Standard’s anti-vibration business in France and its respective interest in the joint venture in India, Cooper Standard said.

Financial details were not disclosed.

“Our strategic vision is to be a leading global manufacturer in all core product lines we produce,” Jeffrey Edwards, chairman and CEO of Cooper Standard, said in a statement.

“While…

To read more,please login or register below.

Register
This is the first step to more free
content, user offers, subscriptions
and more.
Login
Log in here using the Email Address
and Password you signed up with