PHC Group and Valeo combine global torque converter businesses in joint venture

PHC Group and Valeo agreed to combine their global torque converter businesses through a joint venture, KAPEC, with PHC's four foreign subsidiaries becoming wholly-owned subsidiaries of KAPEC.

“reached an understanding with Valeo Group (“Valeo”), also a global automotive supplier headquartered in France, to combine their global torque converter businesses.”yulchon.com

• 1 source
• yulchon.comAdvised PHC Group in Combining Global Torque Converter Businesses with Valeo Group | Yulchon LLCNov 30, 2017

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