DELFINGEN enters exclusive negotiations to acquire SCHLEMMER's European/African activities

DELFINGEN, a leader in electrical cable protection for the automotive industry, has entered exclusive negotiations to acquire SCHLEMMER's European and African activities. The acquired perimeter includes 5 factories in Germany, Romania, Russia, Morocco and Tunisia, with a turnover of around €100 million.

“In a difficult market context, this acquisition would enable DELFINGEN to consolidate its market share in Europe, to strengthen its proximity to German car manufacturers and equipment suppliers.”globenewswire.com

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• globenewswire.comDELFINGEN enters into exclusive negotiation for theDELFINGEN IndustryJul 17, 2020

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