German supplier Schefenacker has bought the insolvent Engelmann Group.
Engelmann's main products are exterior and interior mirror systems, fuel caps and exterior and interior door handle systems. Its customers include Volkswagen and Opel.
Schefenacker acquired all Engelmann's automotive assets including factories in Germany, Spain and Mexico.
"With the Engelmann acquisition we will strengthen our global position in our core mirrors business," said Hans-Joachim Lange, Schefenacker CEO, in a statement.
Schefenacker produces rearvision systems, sound systems and rear and interior lighting. Its 2005 sales were E930 million.
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