Manufacturing Industry
Lear Corp - acquisition of Electric Motor Systems - Brief Article
Diesel Progress North American Edition, July, 1999
Lear Corp. said it has signed a definitive purchase agreement
with Johnson Electric Holdings Ltd., to sell its Electric Motor Systems
(EMS) business for $310 million. Among other products, EMS manufactures
starter motors for small gasoline engines and had 1998 sales of $351
million.
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