Teijin to acquire German automotive interior supplier Ziegler for €125M

Teijin Group, through its subsidiary Furet Co., Ltd., plans to acquire J.H. Ziegler, a German manufacturer of non-woven seat fillers and sound insulation composites, for €125 million. The acquisition aims to expand Teijin's European market presence in automotive interior materials.

“Under the Teijin Group, a core company specializing in fiber product research and development, Furet Co., Ltd. recently planned to spend 125 million euros to acquire J.H. Ziegler, a leading German automotive interior material supplier.”haythink.com

• 1 source
• haythink.comTeijin Acquires German Company Ziegler, A Leading Manufacturer Of Non-woven Seat Fillers And Sound Insulation Composites - Global Leading Information Platform For Advanced Materials And TechnologiesJan 15, 2024

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