PARIS -- Oxford Automotive ApS said it plans to merge with Wagon Automotive.
Each Oxford share will be exchanged for 0.072638 shares of Wagon. Wagon's shareholders are expected to vote on the deal in April.
Oxford, of Paris, is controlled by New York investor Wilbur Ross, who said his investment group has agreed to support the transaction. The company supplies large stampings, welding, coating, fine blanking and mechanisms.
Wagon Automotive manufactures door systems, vehicle body structures and glazing mechanisms.