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Toyoda Gosei Co. Ltd. announced it will acquire a 100% stake in Pecval Industria Ltda., a Brazilian manufacturer of automotive interior and exterior parts, by December 2017. Pecval was previously a joint venture between Toyoda Gosei and Shimizu Industry Co. Ltd.
“Toyoda Gosei Co. Ltd. has announced that it will acquire a 100 percent stake in Pecval Industria Ltda., a Brazilian-based manufacturer of automotive interior and exterior parts, by December 2017.”japanrubberweekly.com
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