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Tokai Kogyo Holdings has acquired 100% of the voting shares in Kinugawa Rubber Industrial Holdings from local financial institutions for an undisclosed sum, making it the world's fourth-largest supplier of rubber seals for vehicle bodies.
“The acquisition makes Tokai Kogyo the world's fourth-largest supplier of rubber seals for vehicle bodies, such as weatherstrips, up from eighth place before the merger.”cemnet.com
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