INTERNATIONAL AUTOMOTIVE COMPONENTS ANNOUNCES FINAL CLOSURE OF STANKIEWICZ ACQUISITION

KREFELD, Germany. (July 12, 2009) – International Automotive Components Group (“IAC”) completed today the previously announced acquisition of Stankiewicz GmbH and Gimotive GmbH (collectively “Stankiewicz”).

IAC has acquired 9 manufacturing sites in Germany, Belgium, Czech Republic and Poland with approximately 1200 employees generating over € 150 million annual sales. The facilities in France and North America are excluded from the deal.

Terms of the transaction were not released.

ABOUT INTERNATIONAL AUTOMOTIVE COMPONENTS GROUP

International Automotive Components Group is a leading global supplier of automotive components and systems, including interior and exterior trim and structural and functional applications. IAC operates manufacturing facilities in 18 countries with more than 23,000 employees and global annual sales in excess of $3.0 billion. For more information, visit www.iacgroup.com.

Contact David Ladd with IAC North America at (313) 240-3248.
Email: dladd@iacna.com