Taurus Group acquires Nifco Products Spain for €11 million

Taurus Group has acquired the Spanish subsidiary of Nifco Products, a Japanese automotive components manufacturer, for approximately €11 million. The acquired entity will be renamed TAG Automotive, and Taurus plans to invest an additional €5 million.

“The deal, valued at approximately €11 million, signifies Taurus' entry into the automotive sector.”tagautomotive.com

• 1 source
• tagautomotive.comTaurus acquires Nifco Products Spain to create TAG Automotiveecanton@strategycomm.netJan 10, 2022

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