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Germany/UK: Ricardo to sell German exhaust business

Ricardo has announced that an agreement has been signed for the planned sale of its Germany-based Prototechnik exhaust manufacturing business to Eberspaecher. The sale agreement includes the transfer of the business, employees, plant and equipment and inventories for cash consideration of €2.0m (US$3.14m). Ricardo is retaining responsibility for trading until completion Subscribe to Automotive World … Continued

Ricardo has announced that an agreement has been signed for the planned sale of its Germany-based Prototechnik exhaust manufacturing business to Eberspaecher.

The sale agreement includes the transfer of the business, employees, plant and equipment and inventories for cash consideration of €2.0m (US$3.14m). Ricardo is retaining responsibility for trading until completion

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https://www.automotiveworld.com/articles/83141-germany-uk-ricardo-to-sell-german-exhaust-business/

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