Groclin back to its basic business
09:33
Poland's automotive seating manufacturer, Groclin singed a deal with Finnish PKC Group PLC to sell its wire harnesses manufacturing business for €50 million (over PLN 200 million), the company informed.
Groclin is selling Wiring & Controls, including its subsidiary Kabel-Technik-Polska (KTP).
The transaction is to be completed through June 2015.
The WSE-listed Groclin exports its goods to among others, the US, Brazil, Mexico, Sweden, Denmark and Italy.
