Post Tagged with: "Harness"

Indian Wire Harness Manufacturing and Sales Company Tata Yazaki Autocomp Limited to become Yazaki wholly-owned subsidiary

We would like to take this opportunity to announce that as of November 2, 2012, Yazaki Corporation has agreed to purchase all the company shares of Tata Yazaki Autocomp Limited (TYA), its Indian wire harness manufacturing and sales joint venture company. The 50:50 joint venture between Yazaki Corporation and Tata Autocomp Systems Limited was established in 1997 for the manufacturing[Read More…]

MSSL announces acquisition of Wiring Harness Business of Stoneridge Inc.

MSSL announces acquisition of Wiring Harness Business of Stoneridge Inc.

Motherson Sumi Systems Limited (MSSL) has signed an agreement to acquire the Wiring harness business of Stoneridge Inc. through asset purchase at transaction value of US $ 65.7 million. This acquisition is expected to close in the third quarter of 2014, subject to customary closing conditions. The acquired business has a turnover of approx. USD 300 Million. The transaction includes[Read More…]