ABC technologies announces acquisition of Karl Etzel GmbH
Acquisition will accelerate demographics and customer requirements by introducing the company’s interior products division to Europe
ABC Technologies Holdings announced a definitive agreement to acquire Karl Etzel GmbH from the Schürrle family for around USD95 million, the company said in a press release on 21 January. Etzel entails a strong foothold as a leading tier-1 and tier-2 supplier to luxury German OEM.
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