US: Commercial Vehicle Group acquires seat supplier

Components manufacturer Commercial Vehicle Group (CVGI) has acquired certain assets of Australian seat supplier Stratos Seating, for a total cash consideration of around US$2.3m. Stratos supplies seats to the Australian military, truck and speciality vehicle markets, and is located in Sydney, Australia. CVGI is a supplier of fully-integrated system solutions for Subscribe to Automotive World … Continued

• By Webmaster
• July 28, 2011