ElringKlinger has acquired US automotive supplier M&W Manufacturing Co., Michigan, thereby significantly expanding its market position as a supplier of spacer plates for automatic transmissions - in North America and worldwide.
ElringKlinger AG has acquired all interests in the US company M&W Manufacturing Co. from the former owner family of the business. The agreement was closed on the evening prior to this announcement. M&W is to be included in the scope of consolidation of the ElringKlinger Group retrospectively as of February 1, 2015. The entity's sales and earnings thus will contribute to ElringKlinger Group sales and earnings for fiscal 2015
ElringKlinger AG has acquired all interests in the US company M&W Manufacturing Co. from the former owner family of the business. The agreement was closed on the evening prior to this announcement. M&W is to be included in the scope of consolidation of the ElringKlinger Group retrospectively as of February 1, 2015. The entity's sales and earnings thus will contribute to ElringKlinger Group sales and earnings for fiscal 2015
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