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Faurecia entered into an agreement to acquire 100% of Swiss company Hug Engineering, a market leader in exhaust gas purification systems for high horsepower engines, from ElringKlinger. The transaction is expected to close in Q1 2018.
“This is a great step forward for Faurecia in its strategy to improve air quality through world class aftertreatment systems for all types of diesel engines.”prnewswire.com
Summarized from public sources; check the original articles before acting on it.