Lucas Aerospace finalizes acquisition of Germany's PLU
TRW Aeronautical Systems, Lucas Aerospace, Solihull, England, acquired Pierburg Luftfahrtgerate Union GmbH (PLU) of Neuss, Germany, from Kolbenschmidt Pierburg AG, TRW reported yesterday. TRW has had a 34% share of PLU since 1970, which increased to 40% in 1990. The acquisition was finalized with...
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