VIENNA – Magna Steyr Fahrzeugtechnik AG & Co. KG acquires the engineering division of French-based Groupe Duarte. The acquisition includes five locations in France and approximately 300 employees. “With the acquisition of Groupe Duarte’s engineering division Magna Steyr has strengthened its position in the European market as a leading engineering and development partner of the OEMs,” says Magna Steyr President and CEO Manfred Remmel. “This acquisition should lead to new business ...

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