# Hutchinson takes majority stake in TCSA joint venture with MANN+HUMMEL

Hutchinson has taken a majority share in TCSA, a joint venture with MANN+HUMMEL in Laval, France, making thermal management and cooling systems for EV and HEV vehicles. The unit employs around 60 people and is already operational.

- Type: Acquisition
- Announced: 2019-09-06
- Where: Laval, France
- Jobs: 60
- Status: completed
- Products: active fluid management valves, thermal management systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Mann+Hummel](https://endata.com/companies/2698.md) (partner)
- [Hutchinson](https://endata.com/companies/5500.md) (acquirer)

## Sources

- [hutchinson.com](https://www.hutchinson.com/en/articles/finalization-creation-joint-venture-between-hutchinson-and-mannhummel), 2019-09-06: "Hutchinson has taken a majority share in the joint venture TCSA created with MANN+HUMMEL."

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