# 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.

- Type: Acquisition
- Announced: 2023-08-22
- Where: Germany
- Status: announced
- Products: brake friction solutions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [TMD Friction](https://endata.com/companies/51168.md) (target)
- [Nisshinbo Holdings Inc.](https://endata.com/companies/52382.md) (partner)
- [AEQUITA](https://endata.com/companies/54778.md) (acquirer)

## Sources

- [tmdfriction.com](https://tmdfriction.com/en/media/tmd-friction-gains-new-investor-for-future-growth/), 2023-08-22: "This deal comes at exactly the right time for TMD, and we could have no better partner than AEQUITA."
- [eqs-news.com](https://www.eqs-news.com/news/corporate/aequita-se-co-kgaa-aequita-acquires-tmd-friction-group-from-nisshinbo/a7b98beb-063a-4944-8a36-91a0aee28fbb_en), 2023-08-23: "AEQUITA acquires TMD Friction Group from Nisshinbo"
- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5272062/aequita-acquires-tmd-friction-from-its-parent-company-nisshinbo), 2023-08-25: "TMD Friction, a supplier of brake-friction solutions for the automotive and brake industry, announced its sale to Aequita"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.