NSK and thyssenkrupp sign MoU for steering business joint venture

NSK and thyssenkrupp signed a memorandum of understanding to establish a joint venture for their steering businesses. The companies aim to finalize a definitive agreement within fiscal year 2022, leveraging complementary products, customers, and regions to become a global leading supplier.

“両社のステアリング事業は、製品タイプ、顧客、地域の補完性が高く、多くのシナジーが見込まれます。”kikai-news.net

• 3 sources
• kikai-news.net日本精工と独ティッセンクルップ、ステアリング事業の協業に関する基本合意書締結を発表 | kikai-news.netAuthor kikai-news.netMay 12, 2022
• thyssenkrupp-automotive-technology.comthyssenkrupp Automotive and NSK Steering to evaluate cooperationMay 17, 2022
• vehicledynamicsinternational.comNSK and Thyssenkrupp evaluate automotive joint venture | Vehicle Dynamics InternationalAdam GavineJun 16, 2022

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