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NTN Europe acquires 35% stake in LTM · Endata

◂ Announcements

May 19, 2025ACQUISITIONTunisia, Tunisia

NTN Europe acquires 35% stake in LTM

NTN Europe signed an agreement on May 20, 2025, to acquire a 35% stake in LTM, a subsidiary of Mecatech Group specializing in shock absorbers. The investment will expand LTM's industrial capacity for shock absorber production.

Status

Completed

Productsshock absorbers

CompaniesNTN Corp. acquirer NTN Europe acquirer LTM target Mecatech Group partner La Tunisie Mécanique target

Sectors#Automotive Components

“Der Erwerb dieser 35-prozentigen Beteiligung ist ein konkreter Ausdruck der Arbeit, die wir seit fast zwei Jahren leisten.”agvs-upsa.ch

2 sources
agvs-upsa.chNTN Europe investiert und wird zum StossdämpferherstellerNews, MedienMay 23, 2025
managers.tnLe japonais NTN choisit la Tunisie pour fabriquer des pièces automobiles - ManagersAmeni MejriMay 23, 2025

Summarized from public sources; check the original articles before acting on it.

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May 24, 2019PARTNERSHIPKarawang district, western Java (KIM industrial park), Indonesia
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Oct 16, 2018EXPANSIONColumbus, Indiana, United States$90.0M100 jobsops Sep 2019
NTN Driveshaft investing $90M in Indiana expansion
NTN Driveshaft NTN Corp. investor businessfacilities.com
Jun 7, 2017NEW FACILITYAnderson, Indiana, United States$100.0M200 jobsops Oct 2018
NTK Precision Axle to build $100M plant in Anderson, Indiana
NTK Precision Axle Corp.NTN Corp. partner insideindianabusiness.com

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