CIE Automotive acquires Brazilian company Techniplas
On June 17, CIE Automotive announced the acquisition of 100% of the share capital of Weidplas Brasil Indústria e Comércio De Plásticos, Ltda. (hereinafter, ‘Techniplas Brazil’), a Brazilian subsidiary of the Techniplas Group, for an enterprise value of around EUR 65 million.
Techniplas Brazil, based in Piracicaba (Sã