Mexico's Nemak buys German autopart firm Rautenbach


MEXICO CITY, Jan 31 (Reuters) - Nemak, the auto parts unit of Mexican industrial conglomerate Alfa, said it bought German company Rautenbach to strengthen its presence in the European market. With plants in Germany and Slovakia, Rautenbach is a supplier of aluminum cylinder heads for gasoline and diesel engines for companies including Audi, Volkswagen, Skoda, DaimlerChrysler, Porsche, BMW, Peugeot and Citroen. Terms of the purchase were not disclosed. Combined 2004 sales of Nemak and ...

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