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Article
Delphi acquires UK connection systems maker MVL
MVL makes connectors, including charge plugs for electric vehicles (Photo: FCI)Delphi said it had finalized the purchase of FCI Group's Motorized Vehicles Division (MVL) for 765 million euros.The US automotive supplier said the acquisition will boost its position in a growing automotive market segment."We have strengthened our market leadership ...
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Article
Delphi set to acquire connection systems maker
Through the acquisition of MVL Delphi hopes to strengthen its position in electronic car components (Photo: Delphi)Delphi has entered exclusive negotiations to acquire the automotive connection systems business of FCI Group from investment company Bain Capital.FCI is a leading maker of high-performance interconnection systems. The Motorized Vehicles division (MVL) had ...