Inteva Products completed the acquisition of portions of European business of IAC Group.

Inteva Products, a global automotive supplier of engineered components and systems, completed the acquisition of portions of European business of IAC Group, a global supplier of automotive components and systems. Financial terms were not disclosed. “Today marks the beginning of an exciting chapter as we officially welcome our new colleagues from select IAC operations in Europe to Inteva Products. We’re bringing together two exceptional teams with a shared commitment to innovation, excellence, and customer success. Together, we’re stronger, more capable, and better positioned to shape the future of the automotive industry. We couldn’t be more excited about what lies ahead,” Gerard Roose, Inteva Products President and CEO.