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Swiss automotive supplier Autoneum has agreed to acquire France's Trèves Group, a supplier of acoustic and thermal insulation, for an upfront €40 million, with potential earn-out of up to €24 million. The deal is expected to close in early Q1 2027.
Autoneum will acquire Trèves Group, a supplier of automotive acoustic and thermal insulation solutions, for an upfront consideration of about EUR 40 million plus a potential earn-out of up to EUR 24 million. The acquisition is expected to close in early Q1 2027.