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AvtoVAZ acquires former Toyota Tsusho and Atsumitec JV plant in Tolyatti · Endata

◂ Announcements

Aug 10, 2023ACQUISITIONTolyatti, Samara Oblast, Russia

AvtoVAZ acquires former Toyota Tsusho and Atsumitec JV plant in Tolyatti

AvtoVAZ acquired 100% of OOO Atsumitek Toyota Tsuse Rus, the former joint venture of Toyota Tsusho and Atsumitec, on August 9, 2023. The plant in Tolyatti produces transmission shift actuators and had an investment of about 750 million rubles.

Status

Completed

Capacity

400,000 units per year

Productstransmission shift actuators

CompaniesToyota Tsusho target AvtoVAZ acquirer Atsumitec target Lada-Image partner

Sectors#Automotive Components

“"АвтоВАЗ" консолидировал бывшее автокомпонентное совместное предприятие японских Toyota Tsusho (65%) и Atsumitec (35%), выпускавшего приводы переключения передач на заводе в ОЭЗ "Тольятти"”interfax.ru

1 source
interfax.ru"АвтоВАЗ" приобрел завод автокомпонентного СП Toyota Tsusho и Atsumitec в ТольяттиФото: Сергей Фадеичев/ТАССAug 10, 2023

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

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