Neapco completed the acquisition of IFA Group from AEQUITA.

Neapco, a global automotive supplier, completed the acquisition of IFA Group, an automotive supplier, from AEQUITA, a Munich-based industrial group. Financial terms were not disclosed. “By joining the Neapco Group, IFA now has the best possible prospects for long-term success in an extremely volatile and competitive environment," Jan-C. Maser, IFA Managing Director.