Visteon Automotive Systems' $475 million acquisition last week of Plastic Omnium's automotive interior division will propel the supplier to the top spot in automotive cockpits in Europe and better position the company when it decides to go public, likely later this year. Visteon President Craig Muhlhauser says the purchase brings to $500 million the amount of non-Ford Motor Co. sales for Visteon and boosts its European revenues by 17%. Visteon's operations in Europe will now total 23,000 ...
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