mpletion of the merger of its subsidiary Cavendish Industries Ltd. with JK Tyre & Industries Ltd. Cavendish, acquired from Kesoram Industries Ltd. in 2016, had manufacturing capacity for truck/bus radial, truck/bus bias, and 2/3‑wheeler tires and was operating at about 30% capacity at the time of acquisition.​ After the acquisition, JK Tyre provided managerial, financial, and technical support, streamlined manufacturing processes, and raised ...

News  Updated at: 2025/12/25

ire all its stake for around NTD 788 million (around CNY 176 million), with transfer completion expected in Q1 2026. Foxtron is a joint venture between Hon Hai Technology Group (Foxconn) and Yulon Motor Co., Ltd. (Yulon Motor), and Luxgen Motor is a wholly-owned subsidiary of Yulon Motor. The stake acquisition involves Yulon Motor’s assets, five sales subsidiaries, sales outlets, and staff. Foxtron previously operated under the CDMS (Contract D...

News  Updated at: 2025/12/24

unced that it has entered into a definitive agreement to acquire the Advanced Driver Assistance Systems (ADAS) business of ZF Group, comprising automotive compute solutions, smart cameras, radars and ADAS software functions. The transaction is valued at EUR 1.5 billion (USD 1.77 billion). With this acquisition, HARMAN has secured strategic positioning in the ADAS and central compute platforms markets, reinforcing and advancing its role in the fas...

News  Updated at: 2025/12/24

Qualcomm finalizes USD 2.4 billion acquisition of Alphawave Semi On December 18, Qualcomm Inc. announced that it has completed its acquisition of British semiconductor firm Alphawave IP Group plc, approximately one quarter ahead of schedule, for an implied enterprise value of around USD 2.4 billion. The acquisition of Alphawave Semi aims to further accelerate and provide key assets for Qualcomm’s expansion into the data center industry. The d...

News  Updated at: 2025/12/23

SKion acquires significant parts of the BMZ Group, Germany On December 19, SKion GmbH entered into a binding agreement to acquire significant business units from the self-administration proceedings of BMZ Holding GmbH and BMZ Germany GmbH, Karlstein am Main (“BMZ Group”). The acquisition is subject to approval by the antitrust authorities.  Previously, SKion has been a minority shareholder of the BMZ Group. Since the beginning of the proceed...

News  Updated at: 2025/12/22

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

CIE Automotive acquires Aludec Group for EUR 200 million CIE Automotive, S.A. announced the acquisition of 100% of the share capital of Aludec, S.A. (Aludec) for an enterprise value of EUR 200 million. The closing of the transaction is subject to the fulfilment of customary conditions. Aludec specializes in the manufacture of decorative plastic and metal components for both the interior and exterior of vehicles. The company employs around 1,300 e...

News  Updated at: 2025/12/19

Factorial and Cartesian Growth Corp. to combine ahead of listing on NASDAQ On December 18, Boston, Massachusetts-based Factorial Inc., a leader in solid-state battery technology, and Cartesian Growth Corporation III, a special purpose acquisition company, announced that they have entered into a definitive business combination agreement (BCA). The business combination values Factorial at approximately USD 1.1 billion on a pre-money, pre-merger ba...

News  Updated at: 2025/12/19

Anadolu Isuzu completes acquisition of 75.2% stake in SamAuto LLC, Uzbekistan On December 10, Anadolu Isuzu announced that it has completed the acquisition of a 75.2% stake of the vehicle manufacturer JV SamAuto LLC. The company has paid the final consideration of USD 80.6 million.  The shares have now been transferred to Anadolu Isuzu, with registration and other formal procedures to be completed in the coming days. Based on Anadolu Isuzu stock...

News  Updated at: 2025/12/18

ufacturing site for steering wheels, is Autoliv’s second Chinese plant specializing in steering wheel manufacturing. At the new site, a digital production management model is introduced to establish an online monitoring system for the entire production process and enable real-time production data acquisition, quality traceability, and anomaly warning. The production shop adopts a unidirectional-flow lean layout encompassing major processes such...

News  Updated at: 2025/12/18

artner, 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 the shares will be JPY 152.3 billion. This share acquisition is scheduled to be executed during the first quarter of the fiscal y...

News  Updated at: 2025/12/17

Panasonic Automotive Systems to change company name to Mobitera effective April 2027 On December 16, Panasonic Automotive Systems Co., Ltd. (PAS, Tsuzuki Ward, Yokohama City) announced that it will change its company name to Mobitera effective April 2027. One year has passed since PAS began its management reform through the acquisition of its shares by the US-based Apollo Group. Taking this opportunity, PAS will revamp its brand. The company name...

News  Updated at: 2025/12/17

AEQUITA, Germany sells IFA Group to driveline specialist Neapco On December 9, AEQUITA announced that it had sold drive shaft and joint manufacturer IFA to Neapco. The acquisition creates the third-largest global manufacturer of propellers and half shafts, employing more than 5,000 people with annual revenues of approximately USD 2 billion, and a presence in all strategically relevant markets.  Neapco, headquartered in Farmington Hills, Michigan...

News  Updated at: 2025/12/11

OXLiD Ltd, UK, changes corporate name to Gelion Europe Ltd. On December 11, Gelion plc announced that its wholly-owned UK subsidiary, OXLiD Ltd, has changed its corporate name to Gelion Europe Ltd, effective immediately. The rebranding of OXLiD Ltd to Gelion Europe Ltd represents the final step in the post-acquisition integration process.  It is designed to consolidate the brand of the Gelion Group for its global partners, stakeholders, and the ...

News  Updated at: 2025/12/11

Samvardhana Motherson, India completed acquisition of Motherson Lumen Systems South Africa On December 10, Samvardhana Motherson International Limited announced that it had completed the acquisition of the remaining 10% stake in Motherson Lumen Systems South Africa (Pty) Ltd, following fulfillment of all conditions precedent on December 10, 2025. With this transaction, executed through its indirect subsidiary Motherson Lumen Holding Ltd, the Sout...

News  Updated at: 2025/12/11

European Commission clears acquisition of Novares Group by Deva Capital On December 9, the European Commission approved, under the EU Merger Regulation, the acquisition of sole control of Novares Group SAS of France by Deva Capital Investment Company S.LU. (‘Deva Capital'), a subsidiary of Banco Santander S.A., both of Spain. The transaction relates primarily to the design and manufacture of components and systems for the automotive industry. T...

News  Updated at: 2025/12/10

Adient forms joint venture with SCI Co. Ltd. to strengthen business in China On December 8, Adient announced it had recently completed the acquisition of a 49% equity stake in SCI (Zhangjiakou) Co., Ltd., a local Chinese supplier under Zhejiang Yoening Technology Group, officially establishing a new strategic joint venture. This joint venture will be dedicated to developing and manufacturing innovative automotive seating solutions for the rapidly...

News  Updated at: 2025/12/09

eliability. Center Rock is a Midwest-based private equity firm focused on investing in and fortifying manufacturing, service, and distribution companies headquartered in North America, often with multi-national operations and locations that serve domestic and global markets.  The investment in and acquisition of GHSP underscores Center Rock’s commitment to invest in industrial businesses where its hands-on operational resources can drive trans...

News  Updated at: 2025/12/09

AURELIUS completes acquisition of FIAMM from Resonac Aurelius Investment Lux Sixteen S.à r.l. (AURELIUS) has completed the acquisition of FIAMM Energy Technology S.p.A. (FIAMM) from Resonac Corporation (Resonac), following the completion of all post-signing verifications and regulatory approvals. As part of the deal, AURELIUS has taken over all employees and business activities. (From a press release dated December 1, 2025)...

News  Updated at: 2025/12/08

StoreDot, Israel, and Andretti announce business combination agreement, form XFC Battery On December 4, StoreDot Ltd., and Andretti Acquisition Corp. II, a Cayman Islands publicly traded special purpose acquisition company (Andretti), entered into a definitive business combination agreement for a business combination between Andretti and StoreDot under a newly formed holding company. The holding company will be named “XFC Battery”.  Its shar...

News  Updated at: 2025/12/05