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Truck components maker Meritor Inc. said Monday it sold the assets of its axle manufacturing operation in Saint Priest, France, to Renault Trucks SAS. Terms were not disclosed.

Meritor CEO Chip McClure said the divestiture “takesanother step toward optimizing our footprint in Europe.”

“We will retain and continue to invest in our Lindesberg, Sweden, and Cameri, Italy, axle facilities with new housing technology, laser welding lines for our 17x and 18x carriers, robotic automations and advanced gear manufacturing capability,” McClure said in a statement.

Meritor said the divestiture affects nearly 400 employees at the France facility who will transfer to Renault Trucks.