# Teijin Frontier to acquire J.H. Ziegler for €125M

Teijin Frontier Co., Ltd. agreed to acquire J.H. Ziegler GmbH, a German supplier of automotive interior materials, for approximately €125 million ($107 million). The acquisition is scheduled to complete in August 2018.

- Type: Acquisition
- Announced: 2018-07-30
- Where: Achern-Oberachern, Germany
- Value: $107.0M (125.0M EUR)
- Status: announced
- Products: automotive interior materials, nonwoven seat wadding, sound-absorbing composites
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Teijin Frontier](https://endata.com/companies/23526.md) (acquirer)
- [J.H. Ziegler](https://endata.com/companies/33389.md) (target)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/2018/07/teijin-frontier-to-acquire-automotive-interior-materials-supplier-j-h-ziegler/), 2018-07-30: "Through the acquisition of Ziegler, Teijin Frontier will improve its automotive interior materials’ production and sales capabilities in Europe."

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