Magna to acquire closure systems supplier BOCO  [ Germany ]

Magna International Inc. announced that it has signed an agreement to acquire the BOCO Group of Companies, an automotive supplier of latches, hinges and strikers, to help bolster its product portfolio and engineering capabilities. The transaction is expected to close in the fourth quarter of 2016, subject to regulatory approval. Once complete, BOCO's two facilities located in Wuppertal, Germany...
<Sep 26, 2016>