Federal-Mogul Acquires Daros Group
Federal-Mogul has acquired the Daros Group, a privately-owned supplier of high technology piston rings used in industrial energy generation and commercial shipping. The Daros Group, headquartered outside Gothenburg, Sweden, has operations in China, UK, Germany and Sweden.
Federal-Mogul Corporation is a leading global supplier of powertrain and safety technologies. The company’s shares are listed on NASDAQ.
Federal-Mogul was advised by Mannheimer Swartling. The firm’s team was led by Peter Linderoth, assisted by Lucas Jonsson, Hans Abrahamsson, and Alexis Herpin in Sweden, Oliver Cleblad and colleagues in Frankfurt and Oliver Schulte and colleagues in Shanghai.