Mobis to merge with smart factory platform specialist JAR Systems

Mobis announced it will merge with JAR Systems, a smart factory platform specialist, for a consideration of 2 billion KRW. The merger is aimed at entering new businesses and improving profitability.

“The merger is to enter new businesses through the acquisition of a smart platform specialist company, expand sales, and enhance corporate value by improving the profit and loss structure.”asiae.co.kr

• 1 source
• asiae.co.krMobis Absorbs JA R Systems Through Merger - The Asia Business DailyGi YeonjinJan 20, 2022

Summarized from public sources; check the original articles before acting on it.