Magna has agreed to sell its global Fluid Pressure & Controls (FP&C) business to Hanon Systems, a South Korea-based global supplier of thermal and energy management systems. Magna’s global FP&C business specializes in mechanical and electronic pumps, electronic cooling fans, and other components.
Magna has agreed to sell its global Fluid Pressure & Controls (FP&C) business to Hanon Systems, a South Korea-based global supplier of thermal and energy management systems. Magna’s global FP&C business specializes in mechanical and electronic pumps, electronic cooling fans, and other components.