October 13, 2023
Recently,Cummins announced,Cummins Emissions Treatment Systems completed a major overhaul of two Faurecia(Faurecia)Acquisition of commercial Vehicle manufacturing plants and their related businesses,One is located in Columbus, Indiana, USA,The other is in Lomond, the Netherlands.。
Faurecia is one of the world's leaders in automotive technology.,It's Freya too(Forvia)Companies under the Group,Has been a partner and supplier to Cummins for over a decade。Cummins is currently working to fulfill Faurecia's existing supplier and customer contracts at both sites.,And will make the necessary investments to implement the contract。Faurecia is still Cummins in India.、China、Suppliers in South Africa and South America。
The total value of the acquisition is approximately1.99.2 billion euros,It will further expand the technical reserve of Cummins emission treatment system.,Adds significant technical and manufacturing resources to Cummins Emissions Treatment System,Enhance existing product portfolio,At the same time, it also provides Cummins with an opportunity for long-term business development.,Based on the in-depth insight and hard work of both sides into the industry market,Contribute to better joint innovation,Promote the upgrading of key technologies,So as to steadily promote the faster realization of the zero carbon goal.。
“For our new team.,This is an exciting moment.,”Vice President, Cummins Emissions SolutionsCary ChenandaExpress,“The acquisition represents an opportunity for the Cummins Emissions Treatment Solutions business.,To ensure that it continues to have access to the required technology and facilities,To meet the current and future market demand for low-emission products,And ensure the continuity of the acquired business.。I am glad to have the opportunity to work with my new colleagues.,And serve our customers who trust us.。”
Cummins Emissions Treatment Systems is committed to providing comprehensive solutions for emissions treatment,With forward-looking product design and development capabilities、Advanced exhaust emission control technology,Mature supporting product integration capability、Innovative component design and production capabilities,Drive Customer Success。
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