Delphi Retains W.Y. Campbell & Company to Coordinate Sale Process for the Majority of Global Suspension Business
TROY, Mich. — Delphi (PINKSHEETS: DPHIQ) has retained W.Y. Campbell & Company to explore sale opportunities for the majority of its global suspension business, company officials announced today.
Delphi’s Global Suspension business is a significant producer of shock absorbers, struts, damper modules and electronically controlled suspension products, including the award-winning “MagneRide” system. The business has anticipated 2007 revenue of $480 million USD and supplies a wide array of OEM customers globally.
Delphi’s Global Suspension business has more than 2,500 employees with primary manufacturing locations in Poland, Mexico and the United Kingdom.
Any parties interested in Delphi’s Global Suspension business should contact Ty Clutterbuck, Managing Director, W.Y. Campbell & Company at 313.496.9000 or firstname.lastname@example.org.
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