# IAC and Shanghai Shenda complete joint venture for soft trim products

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%.

- Type: Partnership
- Announced: 2017-09-15
- Status: completed
- Products: soft trim, acoustical products
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [International Automotive Components](https://endata.com/companies/20983.md) (partner)
- [Shanghai Shenda](https://endata.com/companies/20984.md) (partner)

## Sources

- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5241977/iac-shanghai-shenda-form-jv-to-produce-soft-trim-acoustical-products-), 2017-09-18: "International Automotive Components (IAC) and Shanghai Shenda Co., Ltd. (Shenda) have completed a joint venture (JV) transaction that was announced in December last year."

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