GM axle and powertrain supplier American Axle and Manufacturing is acquiring Dowlais Group to gain access to transmission-making subsidiary GKN Automotive.
A&O Shearman and Slaughter and May are advising on Detroit-based American Axle & Manufacturing's £1.16bn acquisition of Dowlais, the former automotive division of UK engineering firm GKN.
American Axle & Manufacturing Holdings, Inc. AXL, a leading supplier of driveline and drivetrain systems, modules and components, has reached an agreement with the board of Dowlais Group plc for a ...