# Toyoda Gosei to acquire full ownership of Pecval Industria in Brazil

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.

- Type: Acquisition
- Announced: 2017-08-28
- Where: Brazil
- Status: announced
- Products: automotive interior and exterior parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Toyoda Gosei Co. Ltd.](https://endata.com/companies/21998.md) (acquirer)
- [Pecval Industria](https://endata.com/companies/26568.md) (target)
- [Shimizu Industry](https://endata.com/companies/26569.md) (partner)

## Sources

- [japanrubberweekly.com](https://www.japanrubberweekly.com/2017/08/toyoda-gosei-to-acquire-100-stake-in-brazilian-automotive-parts-manufacturer/), 2017-08-28: "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."

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