Cooper Standard completes sale of AVS unit to Conti

Novi, Michigan – Cooper Standard has completed the divestiture of its anti-vibration systems (AVS) business to Continental AG, the US parts manufacturer announced 1 April.

The €230-million deal included facilities in Auburn, Indiana; Mitchell, Ontario; Rennes, France; as well as assets in Poland and China, and an equity interest in a JV in India.

The acquired product portfolio includes strut mounts, spring seats, jounce bumpers, hydraulic bushings; body and cradle mounts and mass dampers.

The divestment is part of Cooper Standard’s “growth strategy,” according to chairman and CEO…

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