# Taurus Group acquires Syncotech Innovative Solutions production unit

Taurus Group, through its subsidiary TAG Automotive, acquired the production unit of Syncotech Innovative Solutions in Santa Perpetua de Mogoda, Barcelona, Spain. The deal adds 25 workers and strengthens the group's automotive plastic components manufacturing capacity.

- Type: Acquisition
- Announced: 2024-04-11
- Where: Santa Perpetua de Mogoda, Barcelona, Spain
- Jobs: 25
- Status: completed
- Products: plastic components for automotive
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Taurus Group](https://endata.com/companies/52729.md) (acquirer)
- [TAG Automotive](https://endata.com/companies/76788.md) (acquirer)
- [Syncotech Innovative Solutions](https://endata.com/companies/76789.md) (target)

## Sources

- [tagautomotive.com](https://tagautomotive.com/en/taurus-group-strengthens-its-automotive-division-with-the-purchase-of-the-syncotech-innovative-solutions-production-unit/), 2024-04-12: "This acquisition aligns with our strategic goal of becoming the leading manufacturer of small and medium-sized plastic components for the automotive sector."

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