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Atlas Holdings has acquired REHAU Automotive from REHAU Group. REHAU Automotive will be merged with SRG Global to form RESRG Automotive, creating a global market leader in painted polymer exterior automotive products. REHAU Group will retain a roughly one-third stake in the new company.
Atlas Holdings signed an agreement to acquire REHAU Automotive from REHAU Group. REHAU Group will hold about a third stake in the new company formed by combining REHAU Automotive and SRG Global, which Atlas also agreed to acquire.
Rehau Automotive Ltd. will set up a new vehicle parts manufacturing plant in Újhartyán, Hungary, creating 727 jobs. The EUR 150 million greenfield investment will produce coated external parts like bumpers and spoilers.
| Site | Largest | Latest |
|---|---|---|
| Újhartyán, Hungary | $185.0M | 2018-02-20 |