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International Automotive Components (IAC) and Shanghai Shenda Co., Ltd. completed a joint venture to produce soft trim and acoustical products. Shenda holds a 70% stake and IAC holds 30%.
“International Automotive Components (IAC) and Shanghai Shenda Co., Ltd. (Shenda) have completed a joint venture (JV) transaction that was announced in December last year.”autotechinsight.spglobal.com
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