Remy Intl (REMY) Tops Q4 EPS by 23c
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Remy Intl (REMY) to Acquire Maval Manufacturing
February 19, 2015 8:06 AM ESTRemy Intl (NASDAQ: REMY) as entered into a definitive agreement to acquire substantially all assets of Maval Manufacturing, Inc. ("Maval"), a Twinsburg, Ohio manufacturer, remanufacturer, and distributor of steering systems, components, and specialty products to the automotive service, original equipment power sports, and off-road specialty vehicle markets.
The transaction is subject to customary closing conditions and the parties expect to close the transaction in the first quarter of 2015.
"We are continuing to expand... More
