Continental cleared to acquire Cooper Standard AVS business 

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…

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