Expansion of the core automotive business / AVL acquires interest in Pierburg Instruments
Graz, Austria (ots) - AVL, the high-tech company based in Graz, Austria, has reached an agreement (subject to anti-trust regulatory approval) to acquire the majority interest in Pierburg Instruments GmbH based in Neuss, Germany (with facilities in Fürth and Neuss), and to acquire Pierburg Instruments Inc. in the USA, by the end of 2001. Prof. Helmut List, CEO AVL, ...