# LS Mtron sells auto part unit to Cooper Standard Automotive

LS Mtron has signed a contract to demerge its auto part unit and sell an 80.1% stake to Cooper Standard Automotive. The deal is part of LS Mtron's plan to focus on its machinery business.

- Type: Acquisition
- Announced: 2018-05-10
- Where: South Korea
- Status: announced
- Products: auto parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [LS Mtron Ltd](https://endata.com/companies/24019.md)
- [Cooper Standard Automotive](https://endata.com/companies/31831.md) (acquirer)

## Sources

- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/english/8309088), 2018-05-11: "LS Mtron said on Thursday it has signed a contract to demerge its auto part unit into a separate entity and sell its 80.1 percent stake in the auto part unit to Cooper Standard Automotive."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.