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Jan 2019
Dana Incorporated Announces Preliminary 2018 Financial Results and Guidance for 2019
Company expects more than $1 billion in sales growth in 2019, 2019 marks third consecutive year of sales growth of nearly $1 billion, double-digit growth of adjusted EBITDA and free cash flowAcquisition of SME Group enhances electromobility capabilities, extends global reach Jan 15, 2019 MAUMEE, Ohio, Jan. 15, 2019 /PRNewswire/ -- Dana Incorporated (NYSE: DAN)…
Jan 2019
Dana Acquires SME Group, Enhances Electromobility Capabilities and Global Reach
Acquisition Complements Dana's Capabilities in Electric Motors and Inverters, Increases Content Per Vehicle Opportunities MAUMEE, Ohio, Jan. 15, 2019 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has completed the acquisition of the SME Group, headquartered in Arzignano, Italy. The global SME Group designs, engineers, and manufactures low-voltage AC induction and synchronous reluctance…
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