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US: TRW completes acquisition of Delphi braking business

TRW Automotive’s subsidiary TRW Integrated Chassis Systems LLC has completed the acquisition of part of Delphi’s North American brake component machining and module assembly assets for US$40m. The sale is part of Delphi’s aim to shed non-core units; the company filed for bankruptcy in October 2005.Under the terms of an ...

TRW Automotive’s subsidiary TRW Integrated Chassis Systems LLC has completed the acquisition of part of Delphi’s North American brake component machining and module assembly assets for US$40m. The sale is part of Delphi’s aim to shed non-core units; the company filed for bankruptcy in October 2005.

Under the terms of an …

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