STARK to acquire the automotive standard and special cables business of Leoni for $567m.

STARK, a holding company, agreed to acquire the automotive standard and special cables business of Leoni, a wire and cable manufacturer, for $567m. “We know STARK Corporation as a very reputable supplier of cable products - and this was confirmed in very constructive discussions with STARK Corporation's leadership, which were characterised by mutual respect and appreciation. I am confident that with STARK Corporation, BG AM will begin the next chapter of success in its history,” Aldo Kamper, Leoni CEO.