SPUMOTIM
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Automotive
Johnson Controls Paid More Than EUR10 Million For Romanian Automotive Supplier
US group Johnson Controls, which owns four automotive component plants in Romania, paid EUR10 to EUR15 million to buy the auto division of Spumotim Timisoara, which makes polyurethane foam for the automotive industry, market sources told ZF.
Automotive
Johnson Control Buys Romanian Spumotim's Auto Division
U.S. car parts maker Johnson Control announced it has bought the automotive division of Romanian polyurethane foam maker Spumotim Timisoara, for an undisclosed amount.