Adler Pelzer Group

Adler Pelzer Group announced on November 8, 2021, the closing of its acquisition of Faurecia Acoustics and Soft Trims (AST), which operates in Europe with about 1,800 employees and €270 million in 2020 revenue.

Adler Pelzer Holding GmbH completed the acquisition of a 73.25% stake in STS Group AG from Mutares SE & Co. KGaA for €33.3 million. The transaction includes plastics and materials operations in Europe, China and the United States.

Adler Pelzer Group and Faurecia have agreed to exclusive discussions for APG to acquire Faurecia's Acoustics and Soft Trims (AST) division, which had EUR385 million sales in 2019 and employs about 1,820 people across Europe.

Adler Pelzer Group is expanding its operations by acquiring a 100,000 square-foot facility in Oregon, Ohio. The automotive supplier will invest $10 million and create around 80 new jobs, with operations expected to begin in early 2021.

Adler Pelzer Group (APG) will open a new 100,000-square-foot facility in Oregon, Ohio, investing $10 million and creating about 80 jobs. The plant will manufacture acoustic and thermal components for the automotive sector.

Adler Pelzer Group celebrated the opening of an additional 89,000 sq. ft. production facility in Port Huron, Michigan, nearly doubling the existing space. The new hall features digital production control and Compound Injection Molding technology.

Italian automotive components maker Adler-Pelzer and Japanese Hayashi Telempu have signed a joint venture agreement to create Nevha Corporation, focusing on R&D of thermal and acoustic solutions for electric, hybrid, and hydrogen vehicles.

HP Pelzer Holding GmbH, a subsidiary of Adler Pelzer Group, acquired the entire share capital of CAB Automotive Limited from Advancel Limited for an undisclosed amount. CAB Automotive is a UK-based manufacturer of automotive interior solutions.