The Renco Group Completes Acquisition of Delphi's Global Interiors and Closures Businesses - aftermarketNews

The Renco Group Completes Acquisition of Delphi’s Global Interiors and Closures Businesses

The Renco Group’s wholly owned subsidiary, Inteva Products, LLC, has completed its acquisition of Delphi's Global Interiors and Closures businesses. The transaction includes the entire book of business, manufacturing operations, intellectual property, supplier contracts and joint venture interests.

NEW YORK — The Renco Group’s wholly owned subsidiary, Inteva Products, LLC, has completed its acquisition of Delphi’s Global Interiors and Closures businesses. The transaction includes the entire book of business, manufacturing operations, intellectual property, supplier contracts and joint venture interests.

Under the terms of the transaction, Delphi’s Global Interiors and Closures businesses and its workforce will now become part of Inteva. Inteva is a global engineering and manufacturing company offering interior and closure solutions for vehicles ranging from entry level compacts and luxury sedans to pick-ups and commercial vehicles. Inteva has 17 facilities on three continents, and more than 90 years of product experience.

Ira Rennert, founder and chief executive officer of Renco, commented, "Under the strong leadership team led by Inteva CEO Lon Offenbacher, we are excited by the opportunity this acquisition has presented to invest in a low-cost automotive supplier with global growth opportunities. Inteva’s engineering, design and manufacturing capabilities and global footprint position the company well for long-term profitable growth."

For more information about Inteva, visit: http://www.intevaproducts.com.

You May Also Like

Dana Participating in Easter Jeep Safari

The event will take place in Moab, Utah, March 23-31.

Dana to Participate in Easter Jeep Safari 2024

Dana Incorporated will participate in Easter Jeep Safari 2024, held March 23-31 in Moab, Utah. Dana products will be on site and available for demonstrations.

“At Dana, we are committed to rigorously testing and validating our products in the most challenging conditions to guarantee superior quality, durability, and performance,” said Bill Nunnery, senior director, sales and marketing, global aftermarket for Dana. “Easter Jeep Safari features rugged trails that offer us an ideal terrain for product trials. The event also gives us the opportunity to engage with Jeep enthusiasts and understand how we can enhance their off-road experiences through vehicle customizations.”

ZF Aftermarket Releases 80 New Parts

The latest additions expand coverage to more than 5 million vehicles in operation.

ZF Aftermarket Releases 80 New Parts
Schaeffler Highlights ESG Progress in 2023 Sustainability Report

Schaeffler is currently focusing on seven key ESG goals in the implementation of its sustainability strategy.

Schaeffler 2023 Sustainability Report
CMA, DoubleCoin to Showcase Long-Haul Steer Tires at MATS

Company reps will be on-site to answer questions, schedule meetings and coordinate a raffle of outdoor sporting equipment in booth #11140.

tire-distribution-outlook-tire-rack
GB Reman to Host Jackpot Giveaway Winner at Long Beach Grand Prix

Jon Hetzel, owner of Hesski ServiCenter in Levittown, Pennsylvania, will join GB Reman in the company’s hometown next month

GB Reman to Host Jackpot Giveaway Winner at Grand Prix of Long Beach

Other Posts

Bendix Surpasses Worker Safety Goals

Bendix says its Total Case Improvement Rate improved since 2022.

Bendix Announces Worker Safety Statistics
New Rislone ‘DEF Crystal Clean’ Clears P20EE Codes

The product scrubs away crystal contaminants from the selective catalytic reduction systems of diesel cars, trucks and SUVs.

New Rislone DEF Crystal Clean Diesel DEF & SCR Emissions System Cleaner Announced
SMP Announces New Oil Filter Housing Kits

The kits feature multiple design improvements to prevent leaks, according to SMP.

SMP Announces New Oil Filter Housing Kits
NTK Technologies Announces Merger into Niterra North America

The merger will take effect on April 1, and NTK Technologies will begin operating under Niterra North America Inc.

Niterra Merger