Mahle GmbH agreed to buy Delphi Automotive plc’s thermal business for about $727 million in cash to expand the German auto-component maker’s technology offerings for combustion engines, electric cars and fuel-cell vehicles.

Mahle will integrate 13 plants in Europe, the Americas and Asia plus development centers in the U.S. and Luxembourg into its global network, and will acquire Delphi’s stake in a related joint venture in China in a second step, the Stuttgart-based manufacturer said in a statement on Thursday.

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