Mar 28, 2024ACQUISITIONAisho-cho, Japan AUNDE Achter & Ebels invests in TB Kawashima, taking 80% stake
AUNDE Achter & Ebels GmbH will acquire an 80% stake in TB Kawashima Co., Ltd., a subsidiary of Toyota Boshoku Corporation, to expand their partnership in automotive technical textiles. The deal is subject to antitrust approval.
Productstechnical textiles for automotive
“The investment of AUNDE in TB Kawashima will lead to a shareholding of 80% by AUNDE and 20% by Toyota Boshoku, and is subject to approval by antitrust authorities in relevant countries.”aunde-group.com
- 3 sources
- aunde-group.comAUNDE Achter & Ebels GmbH invests in TB Kawashima, subsidiary of Toyota Boshoku CorporationMar 28, 2024
- autotechinsight.spglobal.comToyota Boshoku accepts investment for TB Kawashima to strengthen automotive seat fabric business - Automotive Technology Insight | Forecasts | Industry News | Supply ChainApr 1, 2024
- technical-textiles.textiletechnology.netInvestment in subsidiary of Toyota BoshokuRedaktion Textile TechnologyApr 2, 2024
Summarized from public sources; check the original articles before acting on it.
ENDATA