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Tenneco restructure plans spawns DRiV Inc – a new company competing in the Aftermarket and Ride Performance sectors

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By Jim Gibbins - 1st March 2019

USA - DRiV Incorporated (DRiV) is the name of the future publicly traded Aftermarket and Ride Performance company due to launch in the second half of 2019, following Tenneco Inc’s acquisition of Federal Mogul Corporation of Southfield, Michigan, United States in October 2018 and its decision to separate into two independent companies.

DRiV is to serve as one of the largest global multi-line, multi-brand aftermarket suppliers and one of the largest global original equipment (OE) ride performance and braking suppliers to the light vehicle and commercial vehicle sectors. It is to be headquartered in the greater Chicago area.

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