23, 2025) Sale of drum brake production and R&D site in Cairo Montenotte, Italy, to Mutares-On October 2, 2025, the Company has completed the sale of its hydraulic drum brake production and R&D site in Cairo Montenotte, Savona, Italy, to Mutares SE & Co. KGaA (Mutares). Signed on June 18, 2025, the transaction includes all employees and business activities, strengthening Mutares’ Automotive & Mobility segment through as a new platform investmen...

Major Suppliers  Updated at: 2026/03/31

ransfer. The shares will be transferred in early April. (From an article in the Nikkan Jidosha Shimbun on March 1, 2012)      TPR Co., Ltd. announced on April 6 that it has acquired 1.7 million shares in Faltec Co., Ltd. (Kawasaki City, Kanagawa Prefecture), making it into its subsidiary. The transaction was completed on April 5, and TPR now holds 65.0 percent of the total voting rights of Faltec. Faltec's wholly owned subsidiaries in the U...

Major Suppliers  Updated at: 2026/03/20

ia) from its existing shareholder, IACG Holdings LUX SARL (IAC Lux). The acquisition will be executed through a share purchase agreement involving Lumax Auto Technologies, IAC India, IAC Lux, and International Automotive Components Group North America Inc. (IAC NA). Following the completion of this transaction, IAC India will become a wholly owned material subsidiary of Lumax Auto Technologies. The equity value for the 25% stake has been estimate...

Major Suppliers  Updated at: 2026/03/16

ate Limited (MMAS), Marelli Europe S.p.A., and Samvardhana Motherson International Limited to acquire assets (fixed assets and inventory) from MMAS. The acquisition of the assets is expected to be completed by Q1 FY 2025-26 (Aprl-June 2025). The total purchase consideration is INR 600 million. This transaction depends on meeting standard conditions, including signing a license agreement with Marelli Suspension Systems Italy to manufacture, sell, ...

Major Suppliers  Updated at: 2026/03/16

traction motors for two- and three-wheelers. The final decision will be taken by Mergers and Acquisitions committee. -In February 2025, Uno Minda has approved to acquire the remaining stake in its joint venture with FRIWO Geratebau GmbH, giving it full ownership of UnoMinda EV Systems Pvt Ltd. The transaction is valued at approximately INR 1.95 billion and is expected to be completed by the end of Q1 FY26. -In January 2025, Uno Minda Limited c...

Major Suppliers  Updated at: 2026/03/04

adds new functional coatings for surface adaptation, advanced functionalities and surface protection. (From a press release on February 20, 2018) Oerlikon announced that it has signed a definitive agreement to divest its Drive Systems Segment to Dana for an enterprise value of CHF 600 million. This transaction marks a strategic milestone for Oerlikon as the company can fully concentrate on growing its surface solutions and advanced materials busi...

Major Suppliers  Updated at: 2026/02/27

rr-Bremse as a relevant supplier of power steering parts for commercial vehicles. In 2017, the IPS business generated a turnover close to EUR 100 million and has strong business relationships to Japanese OEMs. The sites in Japan and Thailand comprising a workforce of around 350 employees. With this transaction, Knorr-Bremse takes a further step towards supplying its customers with highly integrated systems, as well as new functionalities in the f...

Major Suppliers  Updated at: 2026/02/19

supplier of complex, steel and high alloy steel, engine & chassis components to a diverse group of customers across the automotive and industrial sectors. WFT is expected to record revenues of USD 28 million in 2016 with a balanced revenue mix across both the automotive and industrial sectors. The transaction value is USD 14 million which will be funded through internal accruals and debt. (From a press release on November 18, 2016) Bharat Forge...

Major Suppliers  Updated at: 2026/02/12

es IT and engineering services, and a component division involved in pass-through exports. Additionally, e-axle assembly lines currently held by AAM Auto Component (India) Private Limited—another AAM Holdco subsidiary—will be transferred to AAM India before its acquisition by Bharat Forge. This transaction follows the earlier announcement made by Bharat Forge on October 17, 2024. (Based on the PIB India press release (Release ID: 2123770)/ Bh...

Major Suppliers  Updated at: 2026/02/12

ufacturing outsourcing company. Has 100% ownership. Nov. 2003 Established a joint venture, Yorozu Bao Mit Automotive Co., Ltd. (YBM), in Guangdong prov., China jointly with Shanghai Baosteel International Economic & Trading Corporation Ltd. and Mitsui&Co., Ltd. Mar. 2004 Through a share buyback transaction, the Company acquired all the shares that Yorozu's biggest shareholder, Tower Automotive International Yorozu Holdings, Inc. (fully owned ...

Major Suppliers  Updated at: 2026/02/09

chines will be able to strengthen its presence in Europe by leveraging Valeo’s existing infrastructure. (From 1/2 press releases dated July 8, 2024) Valeo Group (Valeo) has completed the sales of its Thermal Commercial Vehicles business aligning with its EUR 500 million asset divestment plan. The transaction was finalized on June 30, 2024, and generated EUR 212 million in cash proceeds. Valeo also reported an order intake of EUR 9.1 billion in ...

Major Suppliers  Updated at: 2026/02/09

l interior area. (From an article in the Nikkan Jidosha Shimbun on Nov. 17, 2009) Toyota Boshoku Corp. announced the merger of two of its Japanese subsidiaries. As of December 1, 2009, TB Iwate was merged into Toyota Boshoku Tohoku Corporation, based in Kitakami City, Iwate Prefecture. Prior to the transaction, TB Iwate served as a satellite shop located in the Iwate Plant of Kanto Auto Works, Ltd. and manufactured fender liners and engine underc...

Major Suppliers  Updated at: 2026/02/09

ks. Planning to establish a local joint venture to start production of plastic fuel tanks in 2004 for NUMMI, a Toyota/GM joint venture. Jul. 2001 Received a high-volume order for weatherstrips for the next Ford F-150, of one of Ford's main models, thereby starting the Company's first full-fledged transaction with Ford. Manufactures and supplies from Waterville TG in Canada. Planning to increase this plant's capacity. Aiming to surpass BTR and a...

Major Suppliers  Updated at: 2026/02/09

company from 40.0 percent at present to 100.0 percent. STF, based in Cheonan, Chungcheongnam-do, manufactures and sells automotive electronics components. The company was established in 2002 as a joint venture company with Japanese companies, Tokai Rika Co., Ltd. and Furukawa Electric Co., Ltd. The transaction is expected to close in April 2012. (From a press release on March 2, 2012) Part manufacturers based in the Chubu Area (Nagoya area), Japa...

Major Suppliers  Updated at: 2026/02/09

between Sumitomo Electric's wholly-owned subsidiary, Sumitomo Electric U.S.A. Holdings, Inc. (SEUHO), a special purpose corporation to be established by SEUHO, and Keystone. The special purpose corporation will then absorb Keystone, which will result in SEUHO acquiring a 100% stake in Keystone. The transaction is expected to be completed by the end of September 2016. Based in Pennsylvania, Keystone has two plants in Pennsylvania and one in North ...

Major Suppliers  Updated at: 2026/02/09

ectric US to standardize processes and systems, becoming Centers of Excellence (CoEs) that centralize expertise, resources and best practices. Regarding the automotive business, Mitsubishi Electric US will acquire the assets of the Mason facility of Mitsubishi Electric Automotive America. After the transaction, the Mason facility will also function as a manufacturing and service base for FA equipment and CNC systems, not just automotive equipment...

Major Suppliers  Updated at: 2026/02/09

the motor core business as one of its growth businesses. (From an article in the Nikkan Jidosha Shimbun on June 27, 2024) On July 9, NHK Spring Co., Ltd. (NHK Spring) announced its plan to transfer its chemical product business to Toyo Quality One Corporation (Kawagoe City, Saitama Prefecture). The transaction price has not been disclosed. NHK Spring plans to conclude a final agreement by the end of 2024, and discontinue the production of relevan...

Major Suppliers  Updated at: 2026/02/09

s for automotive applications. The Commission concluded that the proposed acquisition would raise no competition concerns because the joint venture has negligible actual and foreseen activities within the European Economic Area and the companies' combined market position resulting from the proposed transaction is moderate. (From European Commission press release on June 17, 2019) Koito Manufacturing Co., Ltd (Koito) announced that it has acquired...

Major Suppliers  Updated at: 2026/02/09

with a German-based financial investor AEQUITA to transfer its needle roller bearings (NRB) business in Europe, including all shares of Jtekt’s three consolidated subsidiaries engaged in the manufacture and sale of NRBs in Europe. As a part of the company’s second mid-term management plan, this transaction was agreed by both companies on December 23, 2024. The consolidated subsidiaries to be transferred will be JTEKT Bearings Deutschland Gmb...

Major Suppliers  Updated at: 2026/02/09

Dowlais in a cash-and-stock deal, valuing the UK firm at about GBP 1.16 billion (USD 1.44 billion). Described as a combination of companies, it is expected that AAM shareholders will own approximately 51% of the combined group and Dowlais shareholders will own approximately 49% upon closing of the transaction. The combined company will be headquartered in Detroit at the American Axle Manufacturing's headquarters on Holbrook Ave., and will be le...

Major Suppliers  Updated at: 2026/02/06