Nisshinbo Holdings Inc.

AEQUITA SE & Co. KGaA entered a definitive agreement to acquire three businesses from Salzgitter Maschinenbau AG: PEINER SMAG Lifting Technologies, mobile drilling and mining solutions, and mobile antenna masts. The businesses generate about EUR 130 million in turnover with 850 employees.

German industrial group AEQUITA has agreed to acquire TMD Friction, a brake friction solutions specialist, from its Japanese parent company Nisshinbo Holdings Inc. The transaction is expected to close in Q4 2023.

AEQUITA SE & Co. KGaA has acquired the European needle roller bearing business from JTEKT Corporation. The business generates over EUR 100 million in revenue and employs around 1,200 people across four sites in Germany, France, and the Czech Republic. The transaction was completed on 1 August 2025.

Nisshinbo Holdings and Continental AG are establishing a joint venture in Gurgaon, Haryana, India, to produce and sell valve blocks, a main component of electronic brake systems (EBS).

Nisshinbo Micro Device Co., Ltd. announced that its board of directors resolved to merge with Ricoh Electronic Devices Co., Ltd., consolidating the microdevices business within the Nisshinbo Holdings group.