Announced
Completed
Financials
Sources
Tags
Completed
Majority
Private
Single Bidder
Cross Border
Friendly
Acquisition
Capital Goods
glass
Luxembourg
United States
Synopsis
Webasto, an automotive supplier, completed the acquisition of Carlex Glass, a manufacturer of standard and advanced glass products for vehicles. Financial terms were not disclosed. “Investing in our own glass manufacturing facility is an important strategic step for us in strengthening the competitiveness of our top-selling business unit – and consequently of the entire Webasto Group,” Dr. Holger Engelmann, Webasto Chairman of the Management Board.
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