CIE Automotive completed the acquisition of the roof systems unit of Inteva Products.

CIE Automotive, an industrial group specialised in supplying components and subassemblies for the automotive market, completed the acquisition of the roof systems unit of Inteva Products, a company specialized in the design and manufacture of sunroofs for the automotive sector. The purchase price was $755m. “INTEVA ROOF SYSTEMS contributes to strengthening our style-aesthetics-and-comfort-oriented products portfolio, a segment with important growth perspectives, as well as to prove once more our bet and commitment to design, high technological level engineering and processes and products with high complexity,” Jesús María Herrera, CIE Automotive CEO.