Affinia Group
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The Affinia Group, a motor industry company, was formed in 2004 and specializes in the design, manufacture and replacement of parts for and on and off-road vehicles. Specifically filtration, braking and chassis components.The company is headquartered in Ann Arbor, Michigan with approximately ten thousand employees in nineteen countries.
Affinia was created through the $1 billion acquisition of the Automotive Aftermarket Group from Dana Corporation by The Cypress Group. [1][2]
References
- ^ The Cypress Group Along With Its Lead Co-Investor, OMERS Capital Partners, Have Acquired Affinia Group Inc.. December 6, 2004
- ^ DANA REDUCES SALE PRICE OF ITS AUTO PARTS UNIT. New York Times, November 3, 2004
- ^ DANA SELLS REPLACEMENT PARTS BUSINESS TO CYPRESS. New York Times, July 10, 2004
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