◂ Announcements

Dec 5, 2016ACQUISITION

EC clears Norinco's acquisition of Delphi's mechatronics business

The European Commission approved the acquisition of Delphi Automotive's mechatronic business by China North Industries Group Corporation (Norinco). The business manufactures mechatronics modules and switches for the automotive industry with assets in Spain, Poland, Mexico, China, and Brazil.

Status

Announced

Productsmechatronics modulesswitches

CompaniesChina North Industries Group Corporation acquirer Delphi Automotive target

Sectors#Automotive Components

“The acquisition of the mechatronic business of Delphi Automotive of the United States by China North Industries Group Corporation has been approved today by the European Commission (EC) under the European Union (EU) merger regulation.”vitallaw.com

1 source
vitallaw.comACQUISITIONS & MERGERS NEWS: EC... | VitalLaw.comDec 5, 2016

Summarized from public sources; check the original articles before acting on it.

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