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View Full Version : Transfer of Nokia's line fit automotive business to novero GmbH completed


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16th June 2008, 18:50
Espoo, Finland - Nokia and novero GmbH today announced that the transfer of Nokia's line fit automotive business in Bochum and Düsseldorf, Germany, and Detroit, USA to novero has been completed. novero is owned by Razvan Olosu, the former head of Nokia's Automotive business and Enhancements unit, and Equity Partners GmbH, a German private equity firm. With this transfer novero assumes full ownership of the line fit automotive business, effective June 16, 2008. The transaction will enable con...

More... (http://www.nokia.com/A4136001?newsid=1228397)