# Manuel Champalimaud group acquires Novares European bezels & clusters business

GMC and Novares agreed on the sale of Novares' European bezels & clusters business to the Portuguese group. The acquisition includes two factories in Portugal and an R&D centre, subject to approval by the Portuguese Competition Authority.

- Type: Acquisition
- Announced: 2022-12-05
- Where: Leiria and Vendas Novas, Portugal, Portugal
- Status: announced
- Products: decorative plastics and interface parts, infotainment, instrument clusters, climate controls
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Novares](https://endata.com/companies/26886.md) (target)
- [Manuel Champalimaud group](https://endata.com/companies/67097.md) (acquirer)

## Sources

- [just-auto.com](https://www.just-auto.com/dashboard/deals-dashboards/manuel-champalimaud-group-acquires-novares-unit/), 2022-12-05: "Manuel Champalimaud (GMC) and Novares have reached an agreement for the sale of the Novares European bezels & clusters business to the Portuguese group."

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