Beru Sells Cable Plant in Mexico

Beru AG (Ludwigsburg/Germany) has sold its Mexican subsidiary Beru S.A. de C.V. to Mexican corporations General Cable Holdings Mexico, S.A. de C.V., Mexico and General Cable de Latinoamérica, S.A. de C.V., both having their principal place of business in Tetla (Tlaxcala/Mexico). At the same time, the automotive supplier and tyre pressure monitoring producer has announced that it will establish a new subsidiary to operate under the name of Beru Mexico S.A. de C.V. This new company will take over the production of spark plugs as well as OEM, OES and aftermarket sales of Beru and OMZ brand products in the NAFTA region. Beru’s main customers in the NAFTA region include General Motors and the Volkswagen Group.