Italy: Westport to acquire Emer

Canadian alternative fuel technology supplier Westport Innovations has entered into a share purchase agreement to purchase Italian company Emer. The transaction will be made through a combination of stock and cash [€27m (US$39.6)], along with the assumption of €53m in existing net debt within Emer. The total enterprise value under Subscribe to Automotive World to … Continued

• By Webmaster
• June 9, 2011