# 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.

- Type: Acquisition
- Announced: 2026-03-10
- Status: announced
- Products: automotive steering systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [JTEKT Corporation](https://endata.com/companies/8792.md) (target)
- [DUBAG Group](https://endata.com/companies/12115.md) (acquirer)

## Sources

- [dubag.eu](https://dubag.eu/%f0%9f%94%94-deal-announcement/), 2026-03-10: "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."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.