Loading…
Standard Motor Products, Inc. acquired 100% of the capital stock of Stabil Operative Group GmbH, a German manufacturer of electronic sensors, control units, and clamping devices for the European OE market. Stabil generates approximately $25 million in annual revenue and has facilities in Germany and Hungary.
“Standard Motor Products, Inc. announced today that it has acquired 100% of the capital stock of Stabil Operative Group GmbH.”smpengineeredsolutions.com
Summarized from public sources; check the original articles before acting on it.