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Standard Motor Products Hits Leverage Goal Early, Eyes Nissens-Fueled Growth
Source: marketbeat.com
Company FundamentalsM&A & Restructuring
Standard Motor Products said it reduced leverage ahead of schedule following its 2024 acquisition of Nissens Automotive. The company is continuing to pursue growth across its North American aftermarket, European aftermarket and Engineered Solutions businesses; no leverage figures or growth targets were provided.
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