◂ Announcements

Feb 2, 2023ACQUISITIONBingham Farms, Michigan, United States

Wuxi Gissing Auto Parts invests in ConForm Group

Wuxi Gissing Auto Parts Co., Ltd. has made a strategic investment in ConForm Group, a manufacturer of needlepunch non-woven fabrics and polyester staple fibers for the automotive industry. ConForm Group is based in Bingham Farms, Michigan.

Status

Completed

Productsneedlepunch non-woven fabricspolyester staple fiberstextile wheel well linersload floorsunderbody shieldsinterior trim parts

CompaniesWuxi Gissing Auto Parts Co., Ltd. investor ConForm Group target

Sectors#Automotive Components #Industrial Textiles

“Angle Advisors is pleased to announce that Wuxi Gissing Auto Parts Co.,Ltd. (“Gissing”) has made a strategic investment in ConForm Technologies, LLC, Detroit Technologies, LLC and DTI Enterprises, LLC (collectively “ConForm Group”).”angleadvisors.com

1 source
angleadvisors.comSALE OF CONFORMKevin MarshFeb 2, 2023

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

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