# Panasonic to acquire additional 20% stake in Ficosa, making it a subsidiary

Panasonic Corporation announced it will acquire an additional 20% of shares in Ficosa International, a global tier 1 automotive parts supplier, increasing its stake to 69% and making Ficosa a consolidated subsidiary.

- Type: Acquisition
- Announced: 2017-03-21
- Where: Spain
- Status: announced
- Products: automotive parts and systems, electronic mirror systems, cockpit systems, ADAS
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Panasonic](https://endata.com/companies/1026.md) (acquirer)
- [Ficosa International GmbH](https://endata.com/companies/20638.md) (target)

## Sources

- [news.panasonic.com](https://news.panasonic.com/global/press/en170321-6), 2017-03-20: "Panasonic Corporation announced today that it will acquire an additional 20% of shares in Ficosa International, S.A., which is a global tier1 full service supplier of automotive parts and systems."

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