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Delphi Buys Lucas Diesel - Brief Article

Diesel Progress North American Edition, Jan, 2000 by Mike Osenga

Delphi Automotive Systems Corp. has entered into an agreement to acquire Lucas Diesel Systems and the associated aftermarket business from TRW Inc., for approximately $871 million in cash. Lucas Diesel Systems will be renamed Delphi Diesel Systems, and will, said Delphi, become the world's No. 2 producer of diesel fuel injection systems for light-, medium- and heavy-duty vehicles with annual revenues of approximately US.

$1.1 billion.

COPYRIGHT 2000 Diesel & Gas Turbine Publications
COPYRIGHT 2001 Gale Group
 

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