Core Viewpoint - Stoneridge, Inc. has completed the sale of its Control Devices segment to Center Rock Capital Partners for a base purchase price of $59 million, aiming to strengthen its balance sheet and focus on core growth platforms in Electronics and Brazil [1][2][3]. Financial Impact - The net cash proceeds from the sale will be used to repay debt and enhance the company's financial position [2]. - The transaction is expected to allow Stoneridge to amend its existing credit facility, facilitating a more appropriate capital structure post-transaction [4]. Strategic Focus - The sale is part of Stoneridge's long-term strategy to concentrate on technology solutions for global commercial vehicles and off-highway markets, specifically in Vision and Safety, Connectivity, and Vehicle Intelligence and Electronic Controls [3][4]. - The company anticipates continued growth in its Vision and Safety systems, including products like MirrorEye®, and plans to introduce new technologies to enhance vehicle safety and efficiency [4]. Growth Opportunities - Stoneridge is experiencing record business wins in its core growth platforms, particularly in Electronics and Stoneridge Brazil, which is becoming a critical engineering center for the company [3][4]. - The company aims to leverage its global relationships and technology to drive growth that outpaces its end markets, thereby creating shareholder value [4]. Future Plans - Stoneridge will host a conference call to discuss its fourth quarter and full-year 2025 results, providing further insights into its strategic direction and financial performance [5][6].