# 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.

- Type: Acquisition
- Announced: 2024-01-15
- Where: Aachen, Germany, Germany
- Value: $136.0M (125.0M EUR)
- Status: announced
- Products: non-woven seat fillers, sound insulation composites
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Teijin](https://endata.com/companies/19925.md) (acquirer)
- [J.H. Ziegler](https://endata.com/companies/33389.md) (target)

## Sources

- [haythink.com](https://www.haythink.com/teijin-acquires-german-company-ziegler-a-leading-manufacturer-of-non-woven-seat-fillers-and-sound-insulation-composites/), 2024-01-15: "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."

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