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HP Pelzer Holding GmbH, a subsidiary of Adler Pelzer Group, acquired the entire share capital of CAB Automotive Limited from Advancel Limited for an undisclosed amount. CAB Automotive is a UK-based manufacturer of automotive interior solutions.
“Adler Pelzer Group, a worldwide leader in the design, engineering and manufacturing of acoustic and thermal components & systems for automotive, announced today that through its subsidiary HP Pelzer Holding GmbH it has acquired the entire share capital of CAB Automotive Limited from Advancel Limited”adlerpelzer.com
Summarized from public sources; check the original articles before acting on it.