Emissions unit sold

ArvinMeritor signed an agreement to sell its Emissions Technologies business group to One Equity Partners (OEP) for about $310 million. The transaction is expected to be completed in the third quarter of fiscal-year 2007. With operations in 19 countries, the unit serves light and commercial vehicle manufacturers worldwide. After the divesture, two-thirds of ArvinMeritor's customer base will be commercial

ArvinMeritor signed an agreement to sell its Emissions Technologies business group to One Equity Partners (OEP) for about $310 million. The transaction is expected to be completed in the third quarter of fiscal-year 2007.

With operations in 19 countries, the unit serves light and commercial vehicle manufacturers worldwide.

After the divesture, two-thirds of ArvinMeritor's customer base will be commercial vehicle-related, versus 47% in 2006.

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