KPS Capital signs put option agreement to sell Chassis Brakes International to Hitachi Automotive Systems
KPS created Chassis Brakes following the acquisition of global foundation brakes business of Bosch
KPS Capital Partners has signed a put agreement to sell its portfolio company Chassis Brakes International to Hitachi Automotive Systems, the company said in a press release on 19 April. The transaction, subject to customary closing conditions, is expected to complete this year.
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