# Key Safety Systems to acquire substantially all of Takata's assets for $1.588B

Key Safety Systems (KSS) has signed a definitive agreement to acquire substantially all of Takata's global assets and operations for $1.588 billion. The deal excludes Takata's PSAN airbag inflator operations.

- Type: Acquisition
- Announced: 2017-11-21
- Where: United States
- Value: $1.59B
- Status: announced
- Products: automotive safety systems, seat belts, airbags, child seats
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Takata Corporation](https://endata.com/companies/22393.md) (target)
- [Key Safety Systems](https://endata.com/companies/25139.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/kss-to-acquire-substantially-all-of-takatas-assets-300560169.html), 2017-11-21: "Key Safety Systems ('KSS'), a global leader in mobility safety headquartered in Sterling Heights, Michigan, USA, and Takata Corporation ('Takata'), a leading global supplier of automotive safety systems such as seat belts, airbags and child seats, based in Tokyo, Japan, announced today that they hav"

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