October 27, 2016 / 11:36 AM / 3 years ago

BRIEF-Dometic sells seating and chassis component business

Oct 27 (Reuters) - Dometic Group AB (publ) :

* Divests seating and chassis component business of its subsidiary Atwood Mobile Products to Lippert Components, Inc.

* Selling price is $12.5 million, which will be paid in cash

* Transaction will trigger write-down mainly relating to intangible assets of $3.0-3.5 million, which will be recorded in Q4 results

* Transaction is expected to be completed in November 2016

* Lippert Components, Inc. is wholly-owned subsidiary of Drew Industries Incorporated Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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