Renault agrees sale of Viry-Chatillon engine facility to Dumarey Group
Renault has agreed to sell its Viry-Chatillon engine facility to Belgian company Dumarey Group. The proposal has been submitted to Alpine Racing, according to reports citing an official statement.
Renault has agreed to sell its Viry-Chatillon engine facility to Belgium-based Dumarey Group, multiple outlets reported. The development was described in reports that cited an official statement on the deal.
According to those reports, Dumarey Group specialises in technology and development related to powertrains and engineering components for mass-produced vehicles. The company is prepared to take control of the French site.
The acquisition proposal has already been submitted to Alpine Racing, according to the same reports. AutoRacing1 also reported that Renault had agreed to the sale of its Viry Formula 1 engine division.
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