Adler Pelzer Group, Germany opens new truck parts plant in US On March 10, Adler Pelzer Group (APG), a major shareholder of STS Group, announced the opening of STS Group's first production site in the United States, in the former General Electric plant in the city of Salem, state of Virginia. It is creating 119 new jobs in the region. The prototypes will roll off the production line before the end of 2023, with series production ramping up in Jan...

News  Updated at: 2023/03/13

Hayashi Telempu, Japan makes additional investment in Adler Pelzer, Germany On March 16, Hayashi Telempu Corporation (HTC) announced an additional investment in Adler Pelzer Group to strengthen and further expand the world's largest alliance of automotive soundproofing materials. HTC acquires 28% shares in Adler Group SpA, the parent company of Adler Pelzer Group (APG, Headquartered in the Federal Republic of Germany).    HTC and APG signe...

News  Updated at: 2022/03/16

Adler Pelzer, Germany acquires Mutares’ shares of STS Group, creates plastics division On June 30, Adler Pelzer Group (APG) announced the successful closing of the acquisition of 73.25% shares of the listed company STS Group from its main shareholder Mutares after all antitrust clearances and other conditions have been cleared. This business which provides Plastics Solutions to “Hard Trim” is mainly located in Europe, China and Mexico, wit...

News  Updated at: 2021/07/05

Mutares sells majority stake in STS Group AG to Adler Pelzer  On March 11, Mutares SE & Co. signed a share purchase agreement with Adler Pelzer Holding GmbH, a company of the Adler Pelzer Group, for the sale of its entire majority shareholding in STS Group AG which represents approximately 73.25% of the share capital of STS Group AG.Mutares expects the transaction to be successfully completed in the first half of 2021. If the transaction closes,...

News  Updated at: 2021/03/16

Faurecia to divest acoustics and soft trim business to Adler Pelzer Group Faurecia signed a MoU (Memorandum of Understanding) for the sale of its Acoustics and Soft Trim (AST) division to the Adler Pelzer Group (APG). The AST business represented sales of EUR 385 million in 2019 within the Interiors Business Group and employs around 1,820 employees in 8 plants and one R&D centre, all in Europe. (From a press release on February 18, 2021)...

News  Updated at: 2021/02/18

Hayashi Telempu and Adler Plastic, Italy collaborate for vehicle interiors On January 18, Hayashi Telempu (HTC) and Adler Plastic announced the creation of GAIA, “Global Automotive Interior Alliance”. Adler Plastic is the major shareholder of Adler Pelzer Holding which represents Adler Pelzer Group (APG). The collaboration will build an Alliance in automotive interior trim, exterior and acoustic parts with global-scale network allowing seam...

News  Updated at: 2021/01/22

Hayashi Telempu forms capital partnership with Adler Pelzer Group Hayashi Telempu Co., Ltd. (Hayashi Telempu, Nagoya City) has formed a capital partnership with Adler Pelzer Group (APG), a German automotive interior parts manufacturer. The two manufacturers will further promote cooperation between them through Global Automotive Interior Alliance (GAIA), a holding company established by the controlling shareholders of both industrial groups in Dec...

News  Updated at: 2021/01/20

Adler Pelzer Group acquires acoustic division of STS Group On October 30, Adler Plastic and Adler Pelzer Group (APG) announced the purchase of the acoustic division of STS Group, with effect date of November 1, 2020, having received the green light of Antitrust authorities and other closing conditions. The acquired business consists of five plants, located in Brazil, Italy and Poland. It consists in the development and production of integrated ac...

News  Updated at: 2020/11/04

Hayashi Telempu sets up JV with German company to develop soundproof material Hayashi Telempu Co. Ltd. (Hayashi Telempu) and Adler Pelzer Group, a leading Germany soundproof material supplier, have set up a joint venture company to conduct research and development for soundproof materials and other electric vehicle (EV) products. The two companies previously signed a technical agreement in April 2017. Since EVs require enhanced quietness and more...

News  Updated at: 2018/02/27

Hayashi Telempu and Adler Pelzer to collaborate in soundproof material development for EVs Hayashi Telempu Co. Ltd. (Hayashi Telempu), a major automotive interior supplier, and Adler Pelzer Group, a leading German soundproof material supplier, signed an agreement for the joint development of acoustic systems. The two companies are aiming at parts supply for strategic global car models and practical use of new technologies for next-generation vehi...

News  Updated at: 2017/04/21