# Ningbo Joyson Electronics to acquire Takata for up to $1.588B

Ningbo Joyson Electronics signed a definitive agreement to acquire all of Takata's business for up to $1.588 billion, excluding PSAN airbag inflators. The deal is expected to complete in Q1 2018.

- Type: Acquisition
- Announced: 2017-11-21
- Where: Japan
- Value: $1.59B
- Status: announced
- Products: airbags, seatbelts, steering wheels, active safety systems
- 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) (partner)
- [Ningbo Joyson Electronics](https://endata.com/companies/25186.md) (acquirer)

## Sources

- [autonews.gasgoo.com](https://autonews.gasgoo.com/articles/news/ningbo-joyson-electronics-sets-up-new-company-to-acquire-takata-70011791), 2017-11-22: "On November 21, Ningbo Joyson Electronics announced that it have signed a definitive agreement with Takata Corporation."

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