Hanover, Germany – Continental Corp. has received necessary approvals from all antitrust authorities to acquire the anti-vibration systems business of Cooper Standard.
The acquisition is now expected to be completed in the first half of the year, Continental said in a 5 March release.
The two parties announced the €230-million deal, which includes five productions sites and R&D facilities, in November last year.
Cooper Standard’s portfolio includes strut mounts, spring seats, jounce bumpers, hydraulic bushings; body and cradle mounts; mass dampers; and dual durometer bushing.
Hanover-based Continental said last November that the business…