Johnson Controls buying Fiamm’s auto battery business
Oct 27, 2006 | 05:25 PM
| Philip Burgert
Johnson Controls Inc., Milwaukee, and Montecchio, Italy,-based Fiamm SpA said they had completed a preliminary agreement for the sale of Fiamm's automotive battery business to Johnson Controls for an undisclosed price.
Johnson Controls had already claimed to be the world's largest producer of power storage devices for passenger vehicles and other uses even before buying the global lead-acid battery business of Delphi Corp., Troy, Mich., in early 2005 (AMM, March 23, 2005).....
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