ANOTHER ACQUISITION: DURA MOVES EXPAND EUROPEAN OPERATIONS. From: Crain's Detroit Business | Date: February 1, 1999| Author: McCRACKEN, JEFFREY | COPYRIGHT 1999 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Another day, another Dura deal.

Dura Automotive Systems Inc., in its second major acquisition in two weeks, agreed to acquire Adwest Automotive plc, an England-based automotive supplier of engine controls, gearshifts and parking brakes.

Dura (Nasdaq: DRRA) said it will buy about $210 million of Adwest stock, plus assume $120 million in debt for Adwest, which has annual sales of around $400 million. Dura's operational headquarters is in Rochester Hills.

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