◂ Announcements

May 25, 2018ACQUISITIONGermany

PHINIA to acquire stoba Group

PHINIA Inc. entered into a definitive agreement to acquire 100% of the equity interests of the stoba Group, a global technology partner specialized in high-precision components and systems. The transaction is expected to close in Q4 2026.

Status

Announced

Productshigh-precision componentssystemscustomized manufacturing solutions

CompaniesPHINIA acquirer stoba Group target

Sectors#Automotive Components #Aerospace Components #Semiconductors and Industrial Electronics #Industrial Machinery

“The stoba Group is a well-established supplier within PHINIA’s”business.sherbrookerecord.com

1 source
business.sherbrookerecord.comContact Us - Sherbrooke Record - PHINIA Announces Definitive Agreement to Acquire the stoba GroupPHINIA INCMay 25, 2018

Summarized from public sources; check the original articles before acting on it.

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