France: Faurecia takes 21.2% stake in Amminex

Faurecia has announced that it is to become a strategic shareholder in Amminex A/S. Faurecia will acquire a 21.2% stake in the Dutch company in a transaction valued at €19.6m (US$26.1m) in cash. Amminex claims leading-edge expertise in the treatment of nitrogen oxides (NOx) and is the inventor of the Ammonia Subscribe to Automotive World … Continued

• By Webmaster
• January 18, 2011