Dana to acquire power-transmission, fluid power businesses of Brevini Group  [ Italy ] [ USA ]

Dana Incorporated announced that the company acquires the power-transmission and fluid power businesses of Italy’s Brevini Group, S.p.A. Dana plans to initially purchase an 80 percent share in the Brevini businesses, with an option to purchase the remaining 20 percent by 2020.  Dana has valued 100 percent of the Brevini businesses at EUR 325 million, including the assumption of appro...
<Nov 18, 2016>