Cooper Standard to acquire Lauren Manufacturing and Lauren Plastics

Cooper Standard has agreed to acquire Lauren Manufacturing and Lauren Plastics, extruders and molders of polymer products, to expand its Industrial and Specialty Group. The acquisition includes four facilities in Ohio and Michigan and over 500 employees.

“This transaction strengthens Cooper Standard's position in non-automotive and adjacent markets with an organization that is aligned with us culturally and brings with it mature and established systems, along with excellent performance.”ir.cooperstandard.com

• 8 sources
• ir.cooperstandard.comInvestors | Cooper StandardJul 3, 2018
• dbusiness.comAuto Supplier Cooper Standard in Novi Acquires Lauren Manufacturing and Plastics - DBusiness MagazineGrace TurnerJul 3, 2018
• prnewswire.comCooper Standard Agrees to Acquire Lauren Manufacturing and Lauren Plastics to Accelerate Growth in Key Industrial MarketsCooper StandardJul 3, 2018
• timesreporter.comLauren International sells Lauren Manufacturing, Lauren PlasticsJon BakerJul 3, 2018
• nasdaq.com

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