Sulzer unit to buy Select Powertrain

Newswire

ZURICH, July 30 (Reuters) - Swiss mechanical engineering group Sulzer said on Tuesday its Metco unit had signed a deal to buy the assets and technology of U.S. car components maker Select Powertrain Technologies with sales of about $4 million. The maker of gearshift components would be melded into Sulzer Metco's Germany-based Euroflamm unit, which will be renamed Euroflamm Select Inc. A price was not disclosed. Sulzer, which is also active in the areas of pumps, fuel cells and industrial ...

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