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Hayes Lemmerz International, Inc.
BBS to Acquire Hoboken, Belgium Subsidiary and Certain Gainesville, Georgia Assets of Hayes Lemmerz
July 2nd, 2008
BBS International GmbH ('BBS'), German world-leading firm in the development and production of lightweight wheels for sports and passenger cars in the premium segment and a subsidiary of Punch International nv ('Punch'), a diversified industrial holding company with its head office in Sint-Martens-Latem (Belgium), announced that it has acquired the Hoboken, Belgium subsidiary of Hayes Lemmerz International, Inc. ('Hayes Lemmerz'). Hayes Lemmerz is a world- leading global supplier of automotive and commercial highway wheels. Under the agreement announced, BBS has acquired all of the outstanding shares of stock of Hayes Lemmerz Belgie B.V.B.A., including its factory based in Hoboken (near...
Source: Fitness & Wellness Business Week (2008-07-02)
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