Gentherm Acquires Germany-based Alfmeier's Automotive Business.

MANews-(C)2009-2022

Michigan-based thermal management technology provider Gentherm (NASDAQ: THRM), focussed on the automotive industry, has completed the acquisition of the automotive business of Germany based Alfmeier Prazision SE, the company said.

Terms of the transaction were not disclosed.

The acquisition of Alfmeier expands Gentherm's position as a global supplier of thermal and pneumatic comfort for the automotive...

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