Stuttgart-based Mahle mainly sells components for vehicle combustion engines and generated sales of more than twelve billion euros last year. The thermostat business comprises around 600 employees in six countries, all of whom are to be taken over by the new owner.
On 28 March 2023, Members of the European Parliament from the relevant committees adopted an opinion on a new package of measures relating to the fight against money laundering and the financing of terrorism (AML/CFT).
The amendment to the consumer law came into force on January 6th 2023. In practice, this means that a purchase contract concluded today is already subject to the amended consumer law.