ElringKlinger agrees to sell Fort Wayne subsidiary and Kecskemét shielding business to Lydech
Bitget2026/11/05 06:34- ElringKlinger has agreed to sell its Fort Wayne, Indiana, subsidiary and shielding technology business in Kecskemét, Hungary, to Lydech.
- Lydech, a Regent portfolio company, specializes in thermal and acoustic solutions for the automotive industry.
- The sale supports the SHAPE30 strategy to optimize the production network and focus on strategic growth areas.
- Closing is expected by the end of 2026, subject to customary conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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