# Nippon Leakless and Leakless Gasket India acquire 40% stake in Nippon Leakless Talbros

Nippon Leakless Corporation and its Indian subsidiary Leakless Gasket India Private Limited purchased the 40% shareholding held by Talbros Automotive Components Limited in Nippon Leakless Talbros Private Limited, gaining full ownership.

- Type: Acquisition
- Announced: 2024-05-09
- Where: India
- Status: completed
- Products: gaskets
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Talbros Automotive Components](https://endata.com/companies/24270.md) (target)
- [Nippon Leakless](https://endata.com/companies/74646.md) (acquirer)
- [Leakless Gasket India Private Limited](https://endata.com/companies/77336.md) (acquirer)
- [Nippon Leakless Talbros Private Limited](https://endata.com/companies/77337.md) (target)

## Sources

- [jsalaw.com](https://www.jsalaw.com/deals-matter/nippon-leakless-corporation-and-leakless-gasket-india-private-limited-acquires-nippon-leakless-talbros-private-limited/), 2024-05-09: "Upon the purchase of 40% shareholding, the joint venture and certain ancillary arrangements were terminated and NLK and Leakless Gasket India Private Limited now hold 100% shareholding in Nippon Leakless Talbros Private Limited."

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