Recticel finds partner for car interiors business

Newswire

BRUSSELS, Sept 26 (Reuters) - Belgian foam maker Recticel said on Tuesday it had signed a letter of intent with German private equity group Nordwind Capital as a partner for its car interiors business. Under the deal, set to be sealed by the end of the year, both parties will transfer all interior trim activities in a new structure in which Recticel would hold a stake of up to 25 percent. Recticel makes interior trims for cars as well as bedding and mattresses. Nordwind is based in ...

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