Tower Intl. completes sale of its European operations
Livonia, Mich.-based Tower Intl. Inc., a manufacturer of engineered automotive structural metal components and assemblies, has completed the sale of all of its European operations to Financière SNOP Dunois S.A., a privately owned French automotive supplier.
Following the closure of the transaction, Tower repaid $50 million of outstanding Term Loan B indebtedness.
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