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PHINIA Inc. entered a definitive agreement to acquire 100% of the equity interests of the stoba Group, a global technology partner specialized in high-precision components and manufacturing solutions. The transaction is expected to close in Q4 2026.
“The stoba Group is a well-established supplier within PHINIA’s ecosystem, and the acquisition marks an important step in enhancing PHINIA’s supply chain resilience and product portfolio.”phinia.com
Summarized from public sources; check the original articles before acting on it.