Brussels, 23/11/2010 (Agence Europe) - On Tuesday 23 November, the European Commission approved acquisition of the French manufacturer of automotive textiles, Michel Thierry Group (MTG), by the American supplier of automotive components and systems, Johnson Controls Inc. (JCI).
MTG is one of the main automotive textile manufacturers and the two companies work in complementary areas in that textiles produced by MTG may be used by JCI for the assembly of complete seats and the production of...