Origin advises CMI on the divestment of its TJM automotive aftermarket business
- February 24, 2015
Origin advises listed Australia-based CMI Limited on the divestment of its TJM automotive aftermarket business to Aeroklas, a listed Thai automotive group.
CMI Limited focuses on the design and distribution of electrical components and cables for industrial and mining applications. In the course of a strategic review, the company decided to divest the TJM business.
Aeroklas Co Ltd. is a manufacturer and supplier of automotive products for original equipment and aftermarket customers headquartered in Thailand.