Spanish group Gonvarri makes move to acquire H&R

Ljubljana, 11 January - Spanish automotive supplier Gonvarri announced on Wednesday its intention to acquire H&R, the majority owner of Slovenian car parts maker Hidria, together with several companies and individuals. Within 30 days at the latest, Gonvarri, which already owns a 42% stake in H&R, will make a takeover bid, intending to offer EUR 201.51 per share.