Teijin Frontier

Teijin Frontier, an Asian conglomerate, is acquiring J.H. Ziegler GmbH, a German manufacturer of technical textiles and nonwovens for automotive and other industries. The deal is expected to boost Ziegler's growth through internationalization.

Teijin Frontier Co. Ltd., the Teijin Group's fiber and products converting company, has agreed to acquire J.H. Ziegler GmbH, a supplier of automotive interior materials in Germany, to enhance its automotive interior materials capabilities in Europe.

Teijin Frontier Co., Ltd. agreed to acquire J.H. Ziegler GmbH, a German supplier of automotive interior materials, for approximately €125 million ($107 million). The acquisition is scheduled to complete in August 2018.

Teijin Frontier Co., Ltd. has agreed to acquire J.H. Ziegler GmbH, a German manufacturer of technical nonwovens, for approximately €125 million. The acquisition is expected to be completed in August 2018.

Teijin Frontier Co. will open a research and development center for fibers in Thailand Science Park. The Teijin Frontier Thai Innovation Laboratory will research polymers for polyester fibers and related technologies.

Teijin Frontier, a Teijin Group company, plans to build an $18 million factory in Vietnam for manufacturing air bag fabric, with production expected to start as early as 2018. The plant will be the company's second production site for air bag fabrics outside Japan.