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TRW Auto to buy majority stake in Dalphimetal Sep 15, 2005 1:05 PM TRW Automotive Holdings Corp. plans to purchase a 68.4% stake in Dalphimetal, which manufactures airbags and steering wheels, for Euro 113 million (approximately $137 million) plus the assumption of Euro 84 million ($103 million) in debt. Dalphimetal's customers include Peugeot, Renault, Volkswagen and Volvo. The company employs approximately 2,000 people with production facilities located in Spain, Portugal, France and Tunisia. |
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