According to Bloomberg News, as automakers are seeking suppliers that can deal with international projects, Magna International and Lear are likely to acquire other parts suppliers this year.
The US consulting firm PRTW revealed that Lear may consider acquiring Kongsberg Automotive Holdings ASA or Austem Co. Or Mitsuba Corp. Lear Chief Executive Officer Matt Simoncini said the company is considering investing 100 million to 200 million in mergers and acquisitions to produce seats and fabrics.
Don Walker, Magna's chief executive, revealed in an interview that the company will conduct a series of mergers and acquisitions, but he did not disclose specific goals.
PRTW Consulting also revealed that in North America, except for Magna, Lear and Johnson Controls, Cummins (CMI), Illinois Tool Works (ITW), Eaton Corporation (ETN) and DuPont There will be some mergers and acquisitions.
The US consulting firm PRTW revealed that Lear may consider acquiring Kongsberg Automotive Holdings ASA or Austem Co. Or Mitsuba Corp. Lear Chief Executive Officer Matt Simoncini said the company is considering investing 100 million to 200 million in mergers and acquisitions to produce seats and fabrics.
Don Walker, Magna's chief executive, revealed in an interview that the company will conduct a series of mergers and acquisitions, but he did not disclose specific goals.
PRTW Consulting also revealed that in North America, except for Magna, Lear and Johnson Controls, Cummins (CMI), Illinois Tool Works (ITW), Eaton Corporation (ETN) and DuPont There will be some mergers and acquisitions.
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