Suppliers Legacy

Meritor, Tenneco acquisitions both have major Detroit implications

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Automotive companies in Michigan like Tenneco have become more accustomed to shakeups in recent years as M&A activity remains red hot in an industry rocked by volatility and the race for electric dominance. (Tenneco)
KN
By:
Kurt Nagl
CD
By:
Crain's Detroit Business
|
February 26, 2022 01:08 PM

DETROIT -- The recent multibillion-dollar takeovers of Meritor Inc. and Tenneco Inc. came about at the same time for different reasons, but both are likely to have a big impact in metro Detroit where the automotive suppliers have a major presence and long history.

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