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Media release06. March 2000

 
Lucas takeover by LEONI all settled

Acquisition approved by anti-trust commission

Nürnberg - The takeover of Lucas Rists Wiring Systems, the so far most significant acquisition of LEONI has now been legally signed and sealed: it has been approved by the Berlin based anti-trust commission. The purchase is therefore now legally valid.
In the meantime a comprehensive programme has been started in order to integrate the British wiring harness manufacturer into the LEONI Group. First synergy potentials have already been identified. The restructuring programme at Lucas is running according to plan. The thus resulting expenses will not affect Group sales in 2000 due to the fact that they have already been considered in the selling price.

 
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03/26/2014
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