Sumitomo Corp to buy auto parts maker from fund

Newswire

TOKYO, June 21 (Reuters) - Japanese trading house Sumitomo Corp said on Monday it plans to buy auto parts manufacturer Kiriu Corp in July from investment fund Unison Capital for around 10 billion yen ($92 million). Unison Capital, a Japanese investment fund, bought Kiriu, a former Nissan Motor Co affiliate in 2001 and owns roughly 90 percent of the brake disc manufacturer. Details of the deal would be released at 11:30 a.m. (0230 GMT), Sumitomo Corp spokesman Yasuhito Umechi said. ...

Premium Content (PAID Subscription Required)

"Sumitomo Corp to buy auto parts maker from fund" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×