DUBAG Group to acquire JTEKT's automotive steering business

DUBAG Group, through its LEO III Fund, signed a put option agreement to acquire 100% of JTEKT Corporation's automotive steering business serving European OEMs, to be renamed Zenith. The transaction is expected to close in early autumn 2026.

“Lenbach Equity Opportunities III, advised by DUBAG Group, has signed a put option agreement with JTEKT Corporation for the acquisition of 100% of JTEKT's automotive steering business serving European OEMs.”dubag.eu

• 1 source
• dubag.euDeal Announcement – DUBAG GroupJennifer MichellerMar 10, 2026

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