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AEQUITA to acquire TMD Friction from Nisshinbo · Endata

◂ Announcements

Aug 22, 2023ACQUISITIONGermany

AEQUITA to acquire TMD Friction from Nisshinbo

German industrial group AEQUITA has agreed to acquire TMD Friction, a brake friction solutions specialist, from its Japanese parent company Nisshinbo Holdings Inc. The transaction is expected to close in Q4 2023.

Status

Announced

Productsbrake friction solutions

CompaniesTMD Friction target Nisshinbo Holdings Inc. partner AEQUITA acquirer

Sectors#Automotive Components

“This deal comes at exactly the right time for TMD, and we could have no better partner than AEQUITA.”tmdfriction.com

3 sources
tmdfriction.comTMD Friction gains new investor for future growth - TMD FrictionAug 22, 2023
eqs-news.comAEQUITA SE & Co. KGaA : AEQUITA acquires TMD Friction Group from Nisshinbo | Corporate - EQS NewsAug 23, 2023
autotechinsight.spglobal.comAequita acquires TMD Friction from its parent company Nisshinbo - Automotive Technology Insight | Forecasts | Industry News | Supply ChainAug 25, 2023

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

More from TMD Friction

Dec 1, 2023ACQUISITIONLeverkusen, Germany, Germany
AEQUITA completes acquisition of TMD Friction
TMD Friction target AEQUITA acquirer tmdfriction.com aftermarketnews.com
Dec 1, 2023ACQUISITIONLeverkusen, Germany
HELLA to take full control of brake joint venture Hella Pagid
TMD Friction target Hella GmbH & Co. KGaA acquirer tmdfriction.com
Dec 1, 2023ACQUISITIONLippstadt, Germany
HELLA to acquire full ownership of Hella Pagid joint venture
Hella Group acquirer TMD Friction partner hella.com autotechinsight.spglobal.com
Nov 28, 2023ACQUISITIONSalzgitter, Germany, Germany850 jobs
AEQUITA acquires three businesses from Salzgitter Maschinenbau AG
TMD Friction target Nisshinbo Holdings Inc. partner eqs-news.com marketscreener.com smag.de
May 25, 2023ACQUISITION$110.0M1,200 jobs
AEQUITA completes acquisition of European NRB business from JTEKT
JTEKT Corporation target TMD Friction target stockopedia.com
Nov 12, 2020CONTRACTGermany
TMD Friction selected to supply brake linings for Volkswagen ID.3
TMD Friction Volkswagen customer garagewire.co.uk

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