UK manufacturer GKN has sold its 50 per cent stake in its emissions reduction technology business Emitec for £38m.
German automotive company Continental, which already owns 50% of Emitec, bought out GKN’s share and plans to integrate Emitec into its powertrain division. Emitec, which specialises in the manufacture of metallic catalytic converter substrates and selective catalytic reduction dosing systems, will see its operation integrated with Continental’s fuel supply business. This will result in the…
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