Shareholders of Tenneco Inc. approved proposals needed for the company's $5.4 billion acquisition of Southfield-based auto parts maker Federal-Mogul Inc. from billionaire investor Carl Icahn.
Tenneco expanded its Monroe Quick-Strut line of replacement strut assemblies by 24 part numbers—including 14 that offer exclusive coverage—for 13 domestic and 44 import applications.
Tenneco has strengthened its offering of Walker Emissions Control aftermarket catalytic converters, mufflers and related products with the addition of 80 new part numbers.
Tenneco’s aggressive expansion of the Monroe Quick-Strut line of premium replacement strut assemblies continues with the announcement of 31 new part numbers, expanding coverage to more than 2.6 million additional foreign and domestic nameplate vehicles.
Tenneco has announced the availability of 14 new Monroe Quick-Strut part numbers, extending coverage of the company’s popular premium replacement strut assemblies to more than 3 million additional late-model passenger vehicles.
The latest expansion adds coverage for six domestic and 53 import applications, including popular late-model vehicles from Acura, Ford, Honda, Mazda and Suzuki.
Early in April, Tenneco announced an agreement to acquire Federal-Mogul from Icahn Enterprises in a $5.4 billion deal. Jim Lang, president of Lang Marketing, says that Carl Icahn’s sale of Federal-Mogul answers a lot of questions on where he’s taking his enterprise going forward.
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