WITTE Automotive, Germany, plans acquisition of Helbako Group for vehicle electronics On December 19, WITTE Automotive, in asocial media post, announced that it has concluded negotiations to acquire the HELBAKO Group, Germany, a specialist in electronic systems based in Heiligenhaus. The final signing is planned for January, subject to regulatory approval. HELBAKO’s strong expertise in the development, industrialization, and production of elect...

News  Updated at: 2025/12/19

Sumitomo Electric successfully concluded TOB for shares in Sumitomo Riko Sumitomo Electric Industries, Ltd. (Sumitomo Electric) announced on December 16 that its tender offer bid (TOB) for shares in Sumitomo Riko Company Limited (Sumitomo Riko) to make it a wholly-owned subsidiary was successfully concluded.   Sumitomo Electric has acquired 43,319,442 shares, exceeding its planned lower limit of 16,681,702 shares. The Company will acquire all of...

News  Updated at: 2025/12/18

tiveness with an even greater sense of urgency. It is essential for Honda to lead the transformation of Astemo, its important partner, so that Astemo can pursue the establishment of a business structure that enables high-speed, high-efficiency development of AI and software technologies. Honda will acquire shares of Astemo, thereby changing the shareholding structure to 61% for Honda, 19% for Hitachi, and 20% for JICC. The acquisition price of th...

News  Updated at: 2025/12/17

UST, US to acquire majority stakes of Italdesign in new partnership with Audi On December 10, Audi announced its partnership with UST, a US firm focused on AI-driven technology, design, and engineering. As part of the deal, UST will purchase a majority stake in Italdesign. Lamborghini, Italdesign’s current parent company and part of the Audi Group, will keep a significant share. Audi will stay closely connected to Italdesign as a long-term stra...

News  Updated at: 2025/12/11

Shriram Pistons to acquire three Grupo Antolin India units On December 5, 2025, Shriram Pistons & Rings Limited (SPRL) announced that it had entered into a share purchase agreement with Grupo Antolin Irausa S.A.U. and Grupo Antolin Ingeniería S.A.U. to acquire 100% of Antolin Lighting India Private Limited, 100% of Grupo Antolin India Private Limited, and effectively 100% of Grupo Antolin Chakan Private Limited, for an aggregate enterprise value...

News  Updated at: 2025/12/05

ease sales revenue from the JPY 1.9 trillion recorded in 2024 to 2.2 trillion yen in 2030. Is this increase in revenue based on your transition as a developer of individual products to a creator of interior space making entire product proposals? A2. In addition to these endeavors, we are working to acquire new customers. In particular, we are eyeing the potential of the Chinese and Indian markets, both of which are huge markets. In India, car own...

News  Updated at: 2025/12/02

, anti-heat measures, and improved facility layouts for work. Chuo Spring will also actively introduce renewable energy. In its mid-term business plan through 2030 announced in July, the company plans to invest a total of JPY 48 billion in plants and facilities over six years. The company will also acquire new sites for its other three plants in Aichi Prefecture to establish new production lines under the same concept for other products by 2030. ...

News  Updated at: 2025/12/01

teon Tire Manufacturing Company is a subsidiary of China National Tire and Rubber Company. The China National Tire and Rubber Company aims to increase its investments by USD 400 million to produce an additional 1.5 million car tires. Its current capacity is 1.2 million tires. It is also planning to acquire a new plot of land adjacent to the main project in Al-Amiriya, with an area of 200,000 square meters, to expand its current investments. The c...

News  Updated at: 2025/11/26

VE Energy Co., Ltd., a Chinese battery manufacturer, have agreed to exchange shares in two battery production companies they jointly established.  -The two companies subject to the share exchange scheme are SK On Jiangsu in Yancheng, Jiangsu, and EVE United Energy in Huizhou, Guangdong. SK On will acquire a 30% stake in SK On Jiangsu from EVE Energy, thereby making it a wholly owned subsidiary. This will allow SK On to improve decision-making sp...

News  Updated at: 2025/11/26

Jinbei Auto to acquire 52% stake in Chn-Top Moldings for CNY 158 million On November 20, Shenyang Jinbei Automotive Co., Ltd. (Jinbei Auto) announced on the Shanghai Stock Exchange (SSE) a plan for acquiring a 52.0% stake in Changchun Chn-Top Precision Moldings Co., Ltd.‌ ‌(Chn-Top Moldings), corresponding to a CNY 44.2 million registered capital, for CNY 158 million. Chn-Top Moldings is a high-tech company specializing in the R&D, production...

News  Updated at: 2025/11/21

Electreon, Israel, signs MoU to acquire InductEV's assets in US On November 19, Electreon signed an MoU to purchase the assets of US-based InductEV Inc., the leading provider of ultra-fast, high-power static wireless charging systems for heavy-duty electric transit and freight fleets in North America. The combined company will bring together Electreon's dynamic wireless charging and stationary high-power technology, with InductEV's ultra-fast sta...

News  Updated at: 2025/11/20

TRIS, major automotive carbon brush maker, to become wholly-owned subsidiary of Aisan Aisan Industry Co., Ltd. (Aisan Industry) announced that TRIS Inc. (TRIS, Matsuzaka City, Mie Prefecture), a major automotive carbon brush maker, will become its wholly-owned subsidiary. Aisan will acquire all of TRIS’ shares from Marunouchi Capital Inc., a subsidiary of Mitsubishi Corporation. The transaction price has not been disclosed. The transfer of the ...

News  Updated at: 2025/11/19

Freudenberg to acquire all remaining 25% shares in Japan Vilene Co., Ltd. Freudenberg SE announced that it will acquire the remaining 25% of shares in Japan Vilene Co., Ltd. (JVC) from its joint venture partner Toray Industries, Inc. (Toray) for approximately EUR 100 million, making Freudenberg the sole owner of JVC. The purchase agreement is scheduled to be signed in December 2025. JVC is a leading nonwovens manufacturer in the Japanese market a...

News  Updated at: 2025/11/18

Posco to secure lithium resource in Australia and Argentina South Korea’s Posco Holdings Co., Ltd. has decided to acquire a 30% stake in a newly established intermediate holding company of Mineral Resources Limited, an Australian mining company, for USD 765 million (JPY 118.56 billion). Through this investment, Posco Holdings will be able to stably secure 270,000 tons of lithium concentrate annually from Mineral Resources’ lithium mines — t...

News  Updated at: 2025/11/17

cilities in Mexico, ensuring an increased flow of recycled critical materials to U.S. manufacturing sites. Collectively, these initiatives would provide additional recycling capacity of up to 400,000 million tonnes. To complement these investments, Clarios will continue to evaluate opportunities to acquire existing battery recycling capacity. These strategic initiatives are components of Clarios' USD 6 billion American Energy Manufacturing Strate...

News  Updated at: 2025/11/12

Inteva to acquire selected European business of International Automotive Components (IAC) On October 28, Inteva Products announced that it has reached an agreement for the purchase of portions of the International Automotive Components (IAC) European business. Financial details of the agreement were not disclosed. This acquisition will strengthen Inteva’s presence in Europe. Based on press release from Inteva Products...

News  Updated at: 2025/11/11

Addtech, Sweden to acquire 80% stake in vehicle safety systems maker Axion AG, Germany On November 6, Addtech Industry, a business unit of the Addtech Group, announced that it has signed an agreement to acquire 80% of the shares in Axion AG (Axion). Axion, based in Ulm, Germany, develops camera and sensor systems that enhance vehicle safety. The company provides customized solutions for trucks, buses, cars, and utility vehicles, employs 28 people...

News  Updated at: 2025/11/11

South Korea’s HS Hyosung Advanced Materials to enter silicon anode material business Several South Korean media sources reported that South Korea’s HS Hyosung Advanced Materials will make Extra Mile Materials in Belgium its subsidiary and enter the silicon anode material business. HS Hyosung Materials plans to invest EUR 120 million (JPY 21.37 billion) to acquire a stake in Extra Mile Materials. After the share acquisition, the Belgian compan...

News  Updated at: 2025/11/11

Idemitsu Kosan invests in German synthetic fuel start-up Idemitsu Kosan Co., Ltd. (Idemitsu) announced that it has invested in Ineratec GmbH (Ineratec), a German start-up that has synthetic fuel manufacturing technology. Idemitsu will acquire Ineratec’s technology and expertise to produce synthetic fuels using Fischer-Tropsch (FT) synthesis and containerized modular units. Idemitsu will develop a synthetic fuel supply system that flexibly adapt...

News  Updated at: 2025/11/11

Geely acquires 26.4% stake in Renault do Brasil to increase EV expansion On November 3, Renault Group announced that Geely Holding, and Geely Automobile Holdings have signed agreements to acquire a 26.4% stake in Renault do Brasil. The deal expands cooperation to produce and sell zero- and low-emission vehicles for both Renault and Geely brands in Brazil. Renault will remain the majority shareholder and continue to manage Renault do Brasil. With ...

News  Updated at: 2025/11/03