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TRW Automotive Completes Agreement with Davey Bickford to Acquire Igniter Machining and Intellectual Property Assets.

Publication: PR Newswire
Publication Date: 11-JUN-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
ASCHAU AM INN, Germany, June 11 /PRNewswire-FirstCall/ -- TRW Automotive Holdings Corp. today announced that its subsidiary, TRW Airbag Systems GmbH, has closed an agreement with Davey Bickford SNC, France, to acquire initiator machining and intellectual property assets. The terms of the acquisition were not disclosed.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010824/TRWLOGO )

This acquisition is part of TRW's occupant safety business strategy to vertically integrate its inflator business and corresponds with its future approach of "make and buy." Igniters are key components for air bag and seat belt modules. Previously, Davey Bickford was a strategic supplier of igniters to TRW.

The initiator machines and intellectual property include 'plastic to metal seals technology' which is anticipated to be a key future technology...



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