The International Automotive Components Group was formed in October, 2005 by WL Ross & Co. LLC and Franklin Mutual Advisers, LLC to acquire the European assets of Collins & Aikman and was expanded in October 2006 by buying the European Lear Interior business.
Since March 2006, IAC Europe is up-and-running and on the way to play a key role in the European Automotive Interior and Exterior market for parts like instrument panels/cockpits, door panels, headliners, complete carpet & acoustic systems and bumpers.
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