Automotive Components Europe to expand in Central and Eastern Europe

LUXEMBOURG - Automotive Components Europe S.A. will spend up to EUR 7.5 within the next two years on capacity development at its production facilities in the Czech Republic and Poland.

The additional purpose of the Program is to enlarge portfolio of
manufactured products. According to a preliminary schedule the first parts will be produced in January 2013.

ACE Group was set up in 2006, comprising two operating companies: Fuchosa located in Spain and focused on casting of iron components and EBCC located in Poland and focused on casting and machining of aluminium components. In early 2008, ACE acquired Feramo an iron foundry located in the Czech Republic.