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indiGO Technologies, US acquires Estonian autonomous vehicle developer Clevon
indiGO Technologies, US acquires Estonian autonomous vehicle developer Clevon On June 19, Invest in Estonia announced that US tech company indiGO Technologies has acquired Estonian autonomous vehicle developer Clevon. Clevon will now operate under a new brand and American leadership. The acquisition, completed through a share swap, gives indiGO a 96.04% stake in Clevon AS. The deal will be a big pivot for Clevon, which originally developed auto...
News Updated at: 2025/06/20
HARMAN acquires assets of intelligent sensing solutions provider Cipia, Israel
HARMAN acquires assets of intelligent sensing solutions provider Cipia, Israel On June 17, HARMAN International announced the asset acquisition of Cipia, a leading provider of driver and occupancy monitoring systems (DMS and OMS) for the global automotive industry. Cipia’s edge-based computer vision and AI technologies are already embedded in HARMAN’s Ready Care product, the industry’s first in-cabin monitoring system capable of measuring b...
News Updated at: 2025/06/18
CIE Automotive acquires Brazilian company Techniplas
CIE Automotive acquires Brazilian company Techniplas On June 17, CIE Automotive announced the acquisition of 100% of the share capital of Weidplas Brasil Indústria e Comércio De Plásticos, Ltda. (hereinafter, ‘Techniplas Brazil’), a Brazilian subsidiary of the Techniplas Group, for an enterprise value of around EUR 65 million. Techniplas Brazil, based in Piracicaba (São Paulo), has around 600 employees and 2024 sales of approximately EUR ...
News Updated at: 2025/06/17
Qualcomm acquires Autotalks to increase V2X deployments
Qualcomm acquires Autotalks to increase V2X deployments On June 5, Qualcomm Inc. announced that its subsidiary, Qualcomm Technologies, Inc., has completed the acquisition of Autotalks, an industry leader in direct vehicle-to-everything (V2X) communication solutions. Autotalks is a fabless semiconductor company founded in 2008, specializing in V2X communications. It pioneered the industry’s first purpose-built V2X chipset and has continued to ...
News Updated at: 2025/06/06
India-based Motherson proposes acquisition of Marelli to expand customers and product groups
ussing voluntary liquidation sponsored by the Motherson Group. Marelli stated that the company is considering various items for restructuring, including a stable shareholder structure. The Motherson Group currently ranks 25th in the list of global automotive parts suppliers in terms of sales. If it acquires Marelli, it will climb to the top 10 spot, close to Germany-based Continental AG and U.S.-based Cummins Inc., with consolidated sales of arou...
News Updated at: 2025/05/27
Cornish Lithium acquires new technology to strengthen lithium production readiness
Cornish Lithium acquires new technology to strengthen lithium production readiness On May 21, Cornish Lithium announced the purchase of cutting-edge technology developed by the Australian group Lepidico. It will give Cornish Lithium the ability to mine, process, and refine battery-grade lithium hydroxide within its site at Trelavour Downs in Cornwall. This end-to-end “pit to battery-grade product” capability helps to de-risk extraction, ref...
News Updated at: 2025/05/26
Autoneum acquires Chengdu FAW-Sihuan Interior Parts, China
Autoneum acquires Chengdu FAW-Sihuan Interior Parts, China Autoneum Holding Ltd. (Autoneum) has signed an agreement to acquire all shares of Chengdu FAW-Sihuan Interior Parts Co., Ltd., a Chinese automotive supplier of acoustic and thermal management components, for around CHF 16 million. The transaction is expected to close in July 2025. Established in 2011, Chengdu FAW-Sihuan Group operates 4 production facilities with around 240 employees, loc...
News Updated at: 2025/05/19
Sodecia, Portugal acquires 30% of stakes in Huf
Sodecia, Portugal acquires 30% of stakes in Huf Huf has concluded its previously announced partnership with Sodecia, which has acquired an initial 30% stake in the company and will gradually increase the shares. Huf will continue to operate as a stand-alone entity responsible for “Access & authorization” and under the familiar name. Its headquarters will remain in Velbert, Germany. This transaction enables Huf to strengthen its financial fou...
News Updated at: 2025/05/14
Trelleborg acquires European silicone rubber specialist Sico
Trelleborg acquires European silicone rubber specialist Sico Trelleborg AB (Trelleborg)’s business area Trelleborg Industrial Solutions has acquired Sico Gesellschaft für Siliconverarbeitung GmbH and Czech joint venture company Sico Silicone s.r.o. Trelleborg had held a 50% stake in Sico Silicone since 2016. Sico develops and manufactures extruded and molded silicone rubber products, including tubes, hoses, and profiles, for various applicatio...
News Updated at: 2025/05/07
KPIT Technologies, India acquires Caresoft Global’s engineering solutions business
KPIT Technologies, India acquires Caresoft Global’s engineering solutions business KPIT Technologies Limited announced the acquisition of the engineering solutions business of Caresoft Global, including 100% ownership of four international subsidiaries: Caresoft Global Technologies, Inc. (USA), Caresoft Engineering Services Ltd. (UK), CAREGLOTECH de RL de CV (Mexico), and OXI SRL (Italy). The acquisition is aligned with KPIT’s focus on the co...
News Updated at: 2025/05/06
Nisshinbo Holdings, Japan acquires 6.06% stake in Rane (Madras), India after amalgamation
Nisshinbo Holdings, Japan acquires 6.06% stake in Rane (Madras), India after amalgamation Nisshinbo Holdings Inc. of Japan authorized Rane Holdings Limited to submit a report to SEBI for acquiring 1.675 million shares (6.06%) in Rane (Madras) Limited. The stake was acquired as part of the amalgamation of Rane Engine Valve Limited and Rane Brake Lining Limited into Rane (Madras) Limited. The share allotment followed a prescribed exchange ratio o...
News Updated at: 2025/04/24
Suzuki acquires new land in Chuo Ward, Hamamatsu City
Suzuki acquires new land in Chuo Ward, Hamamatsu City Suzuki Motor Corporation (Suzuki) has reportedly acquired new land in Chuo Ward, Hamamatsu City. The land is located on the south side of JR Hamamatsu Station, and other details such as the acquisition date and size have not been disclosed. Suzuki is likely to consider possibilities including transferring part of its head-office functions in response to an increase in personnel at its head off...
News Updated at: 2025/04/22
Supreme Group, India fully acquires its Thai subsidiary, renames it Supreme Fostreon
Supreme Group, India fully acquires its Thai subsidiary, renames it Supreme Fostreon On April 18, Supreme Group announced the acquisition of full ownership of Supreme Feltol (Thailand) Company Limited by purchasing the remaining stake from minority shareholders. Supreme was already the majority stakeholder in the venture. With the completion of the transaction, the company has been renamed Supreme Fostreon (Thailand) Company Limited.Established i...
News Updated at: 2025/04/21
SAF-HOLLAND acquires remaining 40% share in its joint venture Haldex ANAND India
SAF-HOLLAND acquires remaining 40% share in its joint venture Haldex ANAND India SAF-HOLLAND SE has acquired the remaining 40% stake in its Indian joint venture, Haldex ANAND India Pvt. Ltd. (Haldex India), from ANAND Group, effective April 11, 2025. The purchase price was in the lower double-digit million-euro range. Founded in 1996, Haldex India became part of SAF-HOLLAND with 60% of the shares following the Haldex takeover. It manufactures au...
News Updated at: 2025/04/18
BIEL acquires 10% stake in Motherson Electronic Components, India
BIEL acquires 10% stake in Motherson Electronic Components, India On April 15, Samvardhana Motherson International Limited announced that BIEL Crystal (Singapore) Pvt. Ltd. has completed its initial investment in Motherson Electronic Components Pvt. Ltd. (MECPL), a wholly owned subsidiary of Samvardhana Motherson Innovative Solutions Ltd. (SMISL). MECPL is a provider of exterior lighting and electronics, and aluminium die-cast components.BIEL has...
News Updated at: 2025/04/16
Remsons Industries, India acquires 51% stake in Astro Motors to enter electric three-wheeler segment
Remsons Industries, India acquires 51% stake in Astro Motors to enter electric three-wheeler segment On April 9, Remsons Industries Limited announced the acquisition of a 51.01% stake in Astro Motors Private Limited, a Pune-based manufacturer of electric three-wheelers, for a total consideration of INR 142.2 million. The acquisition includes INR 42.2 million through equity issued on a preferential basis and INR 100 million in cash. Astro Motors i...
News Updated at: 2025/04/09
Infineon acquires Marvell’s Automotive Ethernet business for USD 2.5 billion
Infineon acquires Marvell’s Automotive Ethernet business for USD 2.5 billion On April 7, Infineon Technologies AG announced the acquisition of Marvell Technology’s Automotive Ethernet business for a purchase price of USD 2.5 billion in cash. The transaction is subject to regulatory approvals. The planned investment will strengthen Infineon’s already strong footprint in the U.S. Marvell’s leading Brightlane Automotive Ethernet portfolio ...
News Updated at: 2025/04/08
Andreas Haller Holding acquires key assets of Quantron AG, Germany
Andreas Haller Holding acquires key assets of Quantron AG, Germany On April 1, BBL Brockdorff, a law firm based in Germany, announced that Andreas Haller Holding GmbH would acquire all key assets of Quantron AG, along with its remaining core team of 35 employees, through a restructuring by transfer. Since filing for insolvency, Quantron has operated under the administrator’s supervision. The administrator has been actively seeking a long-term ...
News Updated at: 2025/04/03
Trelleborg acquires National Gummi AB to enhance its sealing portfolio
Trelleborg acquires National Gummi AB to enhance its sealing portfolio Trelleborg AB (Trelleborg), through its Trelleborg Industrial Solutions business area, has inked an agreement and finalized the acquisition of National Gummi AB (National Gummi) from the Swedish industrial group National. The National Gummi’s business portfolio comprises extruded rubber profiles and gaskets for niche construction, industrial and automotive applications. It g...
News Updated at: 2025/04/03
Black Semiconductor, Germany acquires Applied Nanolayers, Netherlands
Black Semiconductor, Germany acquires Applied Nanolayers, Netherlands On March 27, Black Semiconductor announced the acquisition of Applied Nanolayers (ANL), a strategic move to significantly accelerate the development of its Integrated Graphene Photonics (IGP) technology. The acquisition is expected to speed up Black Semiconductor’s technology development by two years. The acquisition combines Black Semiconductor’s expertise in chip architec...
News Updated at: 2025/04/02