Automotive parts manufacturer MAHLE has announced the completion of the acquisition of Slovenia company Letrika d.d. Letrika will be integrated and consolidated into the MAHLE Group as the “Electric actuators and engine accessories” profit centre.
In 2013, Letrika generated sales of EUR 242.5 million with its 2,416 employees at seven production and development locations in Slovenia, Bosnia and Herzegovina, Belarus, China, and Brazil. The company produces innovative electric motors, generators, as well as electric and mechatronic drive systems.