TORONTO--(BUSINESS WIRE)--ABC Technologies Holdings Inc. (TSX: ABCT) (“ABC Technologies”, “ABC” or the “Company”), a leading manufacturer and supplier of custom, highly engineered technical plastics and lightweighting innovations to the global automotive industry, today announced that it has completed the previously announced acquisition of a majority interest in Karl Etzel GmbH (“Etzel”) from the Schrrle family for cash consideration of approximately US$95 million (the “Etzel Acquisition”).