Oct 30, 2018ACQUISITIONShiyan, Hubei, China Toyoda Gosei to acquire majority stake in Hubei Rock Rubber and Seal Technology
Toyoda Gosei, through its Chinese subsidiary, will purchase a 60% stake in Hubei Rock Rubber and Seal Technology Co., Ltd. for approximately 800 million yen (about USD 7 million) in December 2018, pending Chinese regulatory approval.
Productsweatherstripsrubber and plastic automotive parts
“Toyoda Gosei China plans to purchase 60% shares from Hubei Rock's parent company, Hubei Zhengao Automotive Accessories Co., Ltd., for approximately 800 million yen in December 2018.”shidarubber.com
- 5 sources
- shidarubber.comToyoda Gosei Invests in Automotive Parts Manufacturer in Central ChinaadminOct 30, 2018
- aftermarketnews.comToyoda Gosei Invests In Automotive Parts Manufacturer In Central ChinaaftermarketNews StaffOct 30, 2018
- european-rubber-journal.comToyoda Gosei buying majority stake in Chinese automotive supplier | European Rubber JournalNov 1, 2018
- rubbernews.comToyoda-Gosei-buying-majority-stake-in-Chinese-automotive-supplier - Rubber NewsRubber, Plastics News StaffNov 1, 2018
- tiresandparts.netToyoda Gosei Acquires Stake in Hubei Rock - Tires & Parts News
Summarized from public sources; check the original articles before acting on it.
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