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01.03.2007
News:
Article about IAC published in Automotive Industries
Automotive Industries spoke to Wilbur L. Ross, Chairman of IAC, and Jens Höhnel, CEO IAC Europe, asking them about IAC’s future acquisitions.
In 2005, Wilbur L. Ross had a vision that the global automotive industry needed more than just innovative and cost efficient suppliers. He believed that the industry also needed financially stable and well capitalized suppliers of essential components and systems. So he set out to create one of the industry’s largest, globally acting suppliers of interior and exterior components. Following his vision, Mr. Ross started to build International Automotive Components Group (IAC Group) in October of that year. Now the company is represented on three continents – Europe, Asia, and South America – with North America to be added before the end of March.
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