ArvinMeritor to sell filter unit to Bosch, Mann

Newswire

NEW YORK, Feb 23 (Reuters) - ArvinMeritor Inc. , a maker of car and truck parts, on Thursday said it agreed to sell its Purolator filters business in North America to the Bosch Group and the Mann+Hummel Group. Terms of the transaction were not disclosed. Troy, Michigan-based ArvinMeritor said Purolator no longer fits the company's long-term strategy. Its sale is part of ArvinMeritor's previously announced plan to divest its light vehicle aftermarket businesses individually. ArvinMeritor ...

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