# 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.

- Type: Acquisition
- Announced: 2025-05-19
- Where: Tunisia, Tunisia
- Status: completed
- Products: shock absorbers
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [NTN Corp.](https://endata.com/companies/17243.md) (acquirer)
- [NTN Europe](https://endata.com/companies/84951.md) (acquirer)
- [LTM](https://endata.com/companies/84952.md) (target)
- [Mecatech Group](https://endata.com/companies/84953.md) (partner)
- [La Tunisie Mécanique](https://endata.com/companies/84954.md) (target)

## Sources

- [agvs-upsa.ch](https://www.agvs-upsa.ch/de/news-medien/news-detail/news/ntn-europe-investiert-und-wird-zum-stossdaempferhersteller/), 2025-05-23: "Der Erwerb dieser 35-prozentigen Beteiligung ist ein konkreter Ausdruck der Arbeit, die wir seit fast zwei Jahren leisten."
- [managers.tn](https://managers.tn/2025/05/23/le-japonais-ntn-choisit-la-tunisie-pour-fabriquer-des-pieces-automobiles/), 2025-05-23: "Le groupe industriel japonais NTN renforce sa présence en Afrique en acquérant des parts dans l’entreprise tunisienne La Tunisie Mécanique."

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