ers. (From a press release dated December 4, 2024) Textron Inc. announced that it is reviewing strategic alternatives for its Kautex business unit, which produces fuel systems and other functional components. Textron plans to consider a range of options, including a sale, tax-free spin-off or other transaction. Textron has not set a definitive timetable for completion of its review of strategic alternatives and does not intend to make any further...

Major Suppliers  Updated at: 2025/06/17

bsidiary in Germany. Nov. 2018 Completed to sell the ePower business unit to Preh GmbH. Feb. 2022 Sold Interior Comfort Systems business unit to Lear Corporation for USD 198 million. Apr. 2022 Sold Light Duty Cables business unit to Suprajit Engineering Limited for EUR 37.7 million. With this transaction, the Company has divested the entirety of its Interior Products business segment. Nov. 2023 Completed acquisition of Skriverform AS, a c...

Major Suppliers  Updated at: 2025/06/06

., increasing its current total shareholding to 67%. Divestitures -During the second quarter of 2024, the Company inked with its partner Diniz Holding A.S. for the sale of a 45% stake in its joint venture Ototrim Panel Sanayi ve Ticaret, A.S. (Ototrim) in Turkey for an amount of EUR 45 million. The transaction was completed in October 2024. The Company maintains a 5% stake in Ototrim and expects to continue working with its partner. This business...

Major Suppliers  Updated at: 2025/06/05

nologies also has acquired a minority stake in the U.S. firm XALT Energy. XALT Energy manufactures large-scale lithium ion battery cells, modules and systems for use in heavy-duty commercial vehicles. Freudenberg Sealing Technologies invested a sum in the mid-double-digit-million-euros range in the transactions, and organizational changes are accompanying the portfolio expansion. (From a press release on May 14, 2018) Freudenberg Group informed t...

Major Suppliers  Updated at: 2025/06/03

ss unit achieved the highest sales in the Company's history. Divestitures Sold small-bore piston production to Comitans Capital-The Company has transferred its activities around the small-bore piston production to Comitans Capital AG as planned. Following the sale announcement in December 2023, the transaction has now been closed after receiving approval from the regulatory authorities. This sale marks the Company’s exit from the entire pistons...

Major Suppliers  Updated at: 2025/06/03

Technologies Group into the Company on April 25, 2024. The merger is still expected to be completed in the fourth quarter of 2024. (From a press release dated April 25, 2024)-The Company has completed the merger with Vitesco Technologies Group, effective on October 1, 2024. With the closure of the transaction, the combined company will operate under the uniform corporate brand Schaeffler. Its business activities will be divided into 4 divisions:...

Major Suppliers  Updated at: 2025/06/02

business to allow the Company to focus resources on its four core product groups. 4Q, 2014 Acquired Cikautxo Borja, S.L.U, a manufacturer of heating and cooling hoses. Feb. 2015 Acquired Huayu Automotive System Co.’s share in Huayu-Cooper Standard Sealing Systems Co., Ltd. Upon closure of the transaction, the Company owns 95% of the business. Aug. 2016 .Acquired the North American automotive fuel and brake business of AMI Industries and i...

Major Suppliers  Updated at: 2025/06/02

d and Lincoln vehicle models from 21 plants in Europe and overseas. (From a press release on June 19, 2012) Brose Fahrzeugteile GmbH & Co. KG announced that it will set up a new location in Bamberg, Bavaria, Germany. The purchase agreement initially for 75,000 square meters of land was signed. This transaction includes an option to acquire more land. Current plans foresee the construction of various office and production buildings in three stages...

Major Suppliers  Updated at: 2025/06/02

its global high-performance plastic parts business to Mutares SE & Co. KGaA (Mutares). The business comprises products other than filtration and separation solutions have been transferred to Mutares on October 1, 2022. The carved-out business will operate under the new name MoldTecs. As part of the transaction, MANN+HUMMEL’s production facilities in Bad Harzburg, Sonneberg (both Germany) and Laval (France) with approximately 1,500 employees hav...

Major Suppliers  Updated at: 2025/06/02

), representing 77.04% of the issued and paid-up capital of SACL, to ABT Transport Private Limited. The total consideration value is USD 82,685,002, or approximately THB 2,995,565,998. Despite the approval dated October 27, there are uncertainties that may impact the timing of the completion of the Transaction. Therefore, the Company decided to disclose such information once the transaction is certain, which is when the Company received first con...

Major Suppliers  Updated at: 2025/05/30

GmbH (SG Holding) from Robert Bosch Investment Nederland B.V. jointly with Chizhou Zhongan Zhaoshang Equity Investment Llp (Limited Partnership) and China Renaissance Capital Investment Inc. SG Holding is a managing company of the starter and alternator business subsidiary. After the share purchase transactions, Zhengzhou Coal Mining Machinery will acquire research and development platform and production and sales networks of SG Holding. In March...

Major Suppliers  Updated at: 2025/05/29

educes weight and extends the BEV vehicle driving range. (From a press release on June 1, 2022) Nichirin Co., Ltd. announced that it will acquire 40% of the shares of its Spanish joint venture, Hutchinson Nichirin Brake Hoses, S.L. (HNBH), from Hutchinson S.A. for approximately EUR 6 million. This transaction will allow Nichirin to increase its stake in HNBH from the current 30% to 70%. HNBH, which was established in 2012, manufactures and sell ...

Major Suppliers  Updated at: 2025/05/29

ros annually to be fully reached in 2029. Based on annual 2022 figures, post-merger Schaeffler will have annual Pro-forma sales of around EUR 25 billion. Vitesco shareholders are offered a cash consideration of EUR 91 per share. Subject to approval by the shareholders, the completion of the overall transaction is expected to take place in the fourth quarter of 2024. The combination will establish a leading Motion Technology Company with four focu...

Major Suppliers  Updated at: 2025/05/29

, semi-finished products. (From a press release on Mar. 26, 2007) Michelin North America, Inc. announced that it has signed a definitive agreement to acquire Oliver Rubber Company, a subsidiary of Cooper Tire & Rubber Company, which produces tread rubber and retreading equipment. The terms of the transaction include a cash purchase price of $69 million. The acquisition will be completed upon receipt by the parties of necessary regulatory approv...

Major Suppliers  Updated at: 2025/05/27

ines and rails, diesel fuel lines and turbocharger cooling lines for passenger cars and light trucks. (From a press release on February 17, 2016) TI Automotive Limited announced the completion of the acquisition of the company by affiliates of Bain Capital, a U.S.-based private investment firm. The transaction was previously announced in January 2015. (From a press release on June 30, 2015) TI Automotive Limited announced that it has received a Q...

Major Suppliers  Updated at: 2025/05/23

ding bending pipes, dowel pins, and numerical control cutting products. The company has manufacturing and sales sites in the Philippines, the U.S., Mexico, and China and also operates a sales company in Indonesia. Sales for the fiscal year ended March 2016 reached approximately USD 6.6 billion. The transaction is expected to be completed by the end of November 2016. (From a press release on September 27, 2016) Daido Metal Co., Ltd. will move to e...

Major Suppliers  Updated at: 2025/05/20

with CMOC Limited, a wholly owned subsidiary of CMOC. At the same time, Hongkong Brunp and CATL Co., Ltd., a wholly owned subsidiary of Brunp CATL, acquired a 25% equity share in KFM Holding Limited (KFM Holding), a wholly owned subsidiary of CMOC Limited, at a price of USD 137.5 million. After the transaction, CMOC Limited and Brunp CATL held 75% and 25% shares, respectively, in KFM Holding, which owns 95% of the shares of the Kisanfu copper-cob...

Major Suppliers  Updated at: 2025/05/19

ngs to 35 percent. (From a press release on February 24, 2015) Ningbo Joyson Electronic announced that it will acquire KSS Holdings Inc. to strengthen its automotive intelligent safety system business. The shares will be acquired by Knight Merger Inc., Ningbo Joyson's new subsidiary in the U.S. The transaction is worth USD 920 million and is expected to close in the first half of 2016. Knight Merger will thereafter be absorbed by KSS, which will ...

Major Suppliers  Updated at: 2025/05/17

d an agreement with the German group Mahle to acquire its 33.33% shareholding in the HBPO joint venture, up to then held equally by Plastic Omnium, Hella and Mahle-Behr. This acquisition was made at an enterprise value of EUR 350 million and will be financed by the group's own resources. After this transaction, Plastic Omnium will hold 66.66% of HBPO and Hella 33.33%. The transaction should be finalized during 2018. HBPO is the worldwide leader i...

Major Suppliers  Updated at: 2025/05/15

by 10.6% to EUR 1.4 billion. (From a press release on September 24, 2020) Hella signed a corresponding agreement to sell its business with front camera software and the related activities in the area of testing and validation to the Car.Software Org, a wholly owned subsidiary of Volkswagen AG. The transaction is expected to result in extraordinary income in the range of approximately EUR 100 million in the event of a successful closing. The busi...

Major Suppliers  Updated at: 2025/05/15