Mutares positions newly formed HILO Group as system supplier of high-quality automotive technology


Mutares positions newly formed HILO Group as system supplier of high-qualityautomotive technology

o HILO Group acts as new holding company for the global business of supplyinghinge and locking systems for OEMs within the Mutares portfolioo Global player with approx. EUR 350 million in revenues planned for thefiscalyear 2024 and 1,500 employees at 10 locations worldwideo Significant synergy potential in sales and increase of operationalexcellencewhile ensuring cost efficiency and competitive prices

Please see attached PDF to view the full announcement.

https://newsweb.oslobors.no/message/609278


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