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Norway: Kongsberg completes acquisition of Teleflex automotive business

Norwegian supplier Kongsberg Automotive Holding has completed the acquisition of Teleflex’s Global Motion Systems business for US$560m. The two companies signed an agreement in October regarding the sale of Teleflex’s business units that design and manufacture automotive and industrial driver controls, motion systems and fluid handling systems. The agreement includes ...

Norwegian supplier Kongsberg Automotive Holding has completed the acquisition of Teleflex’s Global Motion Systems business for US$560m. The two companies signed an agreement in October regarding the sale of Teleflex’s business units that design and manufacture automotive and industrial driver controls, motion systems and fluid handling systems. The agreement includes …

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