ZURICH: Kongsberg Automotive has entered into an agreement for the sale of the Light-Duty Cables (LDC) business unit to Suprajit Engineering Limited. The two companies entered into a definitive agreement on October 28, 2021. Under the terms of the transaction, Suprajit will acquire Kongsberg Automotive’s LDC business unit for an Enterprise Value of EUR 37.7…
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Kongsberg Automotive appoints Joerg Buchheim as Chief Executive Officer
ZURICH: The Board of Directors of Kongsberg Automotive ASA announced Mr. Joerg Buchheim as new CEO and President of Kongsberg Automotive ASA, effective May 1st, 2021. He currently serves as President & CEO of Inalfa Roof Systems, Netherlands. “Joerg Buchheim not only brings more than 20 years of diverse and international executive leadership experience in…