Commercial Vehicle Group buying Daltek LCC
NEW ALBANY, Ohio (AP) — Commercial Vehicle Group Inc., a supplier of products for heavy-duty truck cabs, said Friday that it bought privately held Daltek LLC in a $13.2 million cash deal.
Daltek, based in Dalton, Ga., makes interior and exterior films, paints and other finishes. Its top customers are Honda, John Deere, Yamaha and Bemis. The company has 42 full-time employees.
Commercial Vehicle expects the acquisition will bring about $13.2 million in revenue next year and should add around 7 cents per share to earnings for 2013.
Commercial Vehicle Group shares fell 9 cents to close at $7.88.