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Halla Climate Control Corp to Acquire Visteon Climate Portugal, S.A. and Visteon Hungary Kft
Halla Climate Control Corp announced that it has decided to acquire 10,000 shares, or a 100% stake in Visteon Climate Portugal, S.A., a Portugal-based company, which mainly engaged in automotive air conditioning products, for KRW 38,131,160,000 to securing a global production base. The merger effective date is January 31, 2013. The Company also announced that it has decided to acquire the entire a 100% stake in Visteon Hungary Kft, a Hungary-based company, which mainly engaged in automotive air conditioning products, for KRW 37,809,830,000 to securing a global production base. The merger effective date is January 31, 2013.
Latest Developments for Halla Visteon Climate Control Corp
- Halla Climate Control Corp Declares Annual Cash Dividend for FY 2012
- Halla Climate Control Corp to Acquire Six Companies
- Halla Climate Control Corp to Acquire Stake in Japan Climate Systems Corporation and FAWER Visteon Climate Control System (Changchun) Company Limited
- Halla Climate Control Corp to Acquire Visteon Climate control (NanChang) Co., Ltd. and Visteon Halla Climate Systems, LLC.
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