Federal-Mogul to acquire portion of Honeywell Friction Material  [ Germany ]

Federal-Mogul Corporation announced that its European subsidiaries entered into a definitive purchase agreement to acquire certain business assets of the Honeywell automotive and industrial brake friction business including two recently established manufacturing facilities in China and Romania. Honeywell Friction Material business is headquartered in Glinde, Germany and employs over 2,000 assoc...
<Jan 07, 2014>