ArvinMeritor to sell Roll Coater subsidiary for $162.5M

Kosdrosky, Terry
November 2004
Crain's Detroit Business;11/29/2004, Vol. 20 Issue 48, p2
This article reports that ArvinMeritor Inc. sold its Roll Coater Inc. subsidiary last week to a Chicago-based private equity firm for $162.5 million. The move is part of a plan by new CEO Charles McClure to sell assets deemed not vital to the company's main business lines.


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