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AUNDE Achter & Ebels GmbH completed its capital investment in TB Kawashima Co., Ltd., acquiring an 80% stake. The company has been renamed AUNDE Boshoku Co., Ltd. effective November 1, 2024.
AUNDE Achter & Ebels GmbH will acquire an 80% stake in TB Kawashima Co., Ltd., a subsidiary of Toyota Boshoku Corporation, to expand their partnership in automotive technical textiles. The deal is subject to antitrust approval.