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LISI Automotive entered a binding agreement to acquire 51% of TERMAX LLC, a manufacturer of metal and plastic fastening systems for automotive interiors, with facilities in Lake Zurich (Illinois), Suzhou (China), and Queretaro (Mexico). The transaction is expected to close in Q4 2017.
“With TERMAX LLC, LISI AUTOMOTIVE is reinforcing its position worldwide in clip-fastening solutions.”lisi-automotive.com
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