24/05/2022 – Another milestone reached for the upcoming refinancing
Leoni sells Business Group “Automotive Cable Solutions”
Another major step on the path towards sustainable financial stabilisation: Leoni sells its Automotive standard and special cables business, bundled in the Business Group Automotive Cable Solutions (BG AM), to StarkCorporation Public Company Limited.
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“With this decision, we strengthen our balance sheet, support the ongoing talks regarding our refinancing and drive forward our well-known strategic focussing on the wiring systems business,” said Aldo Kamper, CEO of Leoni. © Leoni