JTEKT enters definitive agreement to transfer European automotive business to Germany-based investment firm
The transaction covers seven consolidated subsidiaries and aligns with JTEKT’s mid-term plan to restructure and improve profitability in its European operations
On May 27, JTEKT Corp. signed a definitive agreement with LEO III.-VV25-B SAS, a Munich, Germany-based investment company, for the transfer of its automotive business for European original equipment manufacturers.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
