Aptiv Completes Acquisition of KUM
Summary
Aptiv completed its acquisition of KUM, a provider of connectors and cable management solutions for harsh-environment automotive applications. The deal strengthens Aptiv’s position in Asia Pacific and expands its engineered components portfolio. Aptiv said KUM’s customer relationships and footprint will support a quick integration into its existing operations. The company expects the transaction to be accretive to earnings in 2018.
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AI & Machine learning
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Embedded Software
Automotive Software
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Aptiv
$1B+