CERTINA to acquire heat and noise shielding plants in Switzerland and the US from ElringKlinger.

CERTINA, an industrial holding company, agreed to acquire heat and noise shielding plants in Switzerland and the US from ElringKlinger, a German automotive supplier and car spare parts manufacturer. Financial terms were not disclosed. "This acquisition consolidates our position as a strategic partner to the automotive industry and reinforces our expertise in this sector. We are delighted to welcome the new teams in Switzerland and the United States and look forward to a great future together. Through the challenging times, it is essential to act as a reliable and long-term partner, and that’s certainly an aspiration of ours," Stefan Brungs, CERTINA Group Managing Partner.