DANA acquired Tribometal a.s., structured as Acquisition of a majority interest in Tribometal a.s. in March 2000, accounted for as a purchase..
Tribometal a.s. operates in Engine Products (polymer bearings and metal-polymer bushings), is based in Slovakia. Tribometal was a manufacturer of polymer bearings and metal-polymer bushings, based in Slovakia. In March 2000 Dana acquired a majority interest in the business, which was integrated with its Glacier Vandervell bearings operations (becoming Glacier Tribometal Slovakia).
Add polymer bearing and metal-polymer bushing capacity to Dana's Glacier Vandervell engine-bearings operations.
Advisory firms were not disclosed for this transaction.