Iochpe-Maxion S.A. has announced that its subsidiary, Iochpe Holdings, LLC, has signed an agreement to acquire Hayes Lemmerz International in an all-cash transaction for approximately US$725m. This transaction will combine the wheels businesses of Iochpe-Maxion with the global wheels business of Hayes Lemmerz. The combined company will have a global footprint, Subscribe to Automotive World … Continued
Iochpe-Maxion S.A. has announced that its subsidiary, Iochpe Holdings, LLC, has signed an agreement to acquire Hayes Lemmerz International in an all-cash transaction for approximately US$725m. This transaction will combine the wheels businesses of Iochpe-Maxion with the global wheels business of Hayes Lemmerz.
The combined company will have a global footprint,
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https://www.automotiveworld.com/articles/89704-brazil-us-iochpe-maxion-acquires-hayes-lemmerz/
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