CK Holdings Completes Acquisition of Magneti Marelli from FCA

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May 7, 2019

"Both Magneti Marelli and CK Holdings would benefit from common synergies and economies of scale due to the acquisition. Both companies can help each other to get new clients. For instance, Magneti Marelli can help CK Holdings to get business from FCA. Magneti Marelli gets to enter the lucrative automotive infotainment business. However, it still would not be an easy run for Magneti Marelli, given the existing competition from big players like Panasonic, LG Electronics and Samsung." - Aman Madhok

(Source: Telematics Wire)

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May 7, 2019

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