Autoneum to acquire automotive business of Borgers Group

Autoneum Holding Ltd. (Autoneum) announced that it has signed an agreement to acquire the automotive business of Borgers Group on January 6, 2023. With the enterprise value paid amounting to EUR 117 million, the transaction is expected to close in April 2023 following antitrust clearance. Autoneum intends to integrat....

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