Fuel Systems Solutions Acquires Remaining 50% Interest in MTE S.r.l.

| USA, New York

Fuel Systems Solutions, Inc. through its wholly owned subsidiary MTM S.r.l., purchased on June 1st the remaining 50% ownership interest in MTE S.r.l., a manufacturer of electronic control units (ECU) and electronic components for alternative fuel automotive and industrial systems in Italy. Fuel Systems Solutions first purchased a 50% interest in MTE in 2001. MTE is now being integrated into MTM, which is expected to improve efficiencies in both the engineering and production of ECU and electronic components for both automotive and industrial systems.

This article compiled using information from a Fuel Systems Solutions, Inc. press release.

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