# AUNDE acquires 80% stake in TB Kawashima, renamed AUNDE Boshoku

AUNDE Achter & Ebels GmbH completed its capital investment in TB Kawashima Co., Ltd., acquiring an 80% stake. The company has been renamed AUNDE Boshoku Co., Ltd. effective November 1, 2024.

- Type: Acquisition
- Announced: 2024-11-01
- Where: Shiga, Japan, Japan
- Status: completed
- Products: automotive fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Toyota Boshoku](https://endata.com/companies/23148.md) (investor)
- [AUNDE Achter & Ebels](https://endata.com/companies/76515.md) (acquirer)
- [TB Kawashima](https://endata.com/companies/76516.md) (target)

## Sources

- [tb-kawashima.co.jp](https://www.tb-kawashima.co.jp/en/2024/11/01/notice-of-new-organizational-structure/), 2024-11-01: "We are pleased to announce the new start of 'AUNDE Boshoku Co., Ltd.', a subsidiary of AUNDE Achter & Ebels GmbH from November 1st, 2024."

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