Teijin Frontier to acquire J.H. Ziegler


Teijin Frontier, the Japan-based Teijin Group’s fibre and products converting company, is to acquire J.H. Ziegler, a supplier of automotive interior materials in Germany, for €125m. As a result, Ziegler will become a wholly-owned subsidiary of Teijin Frontier.

The acquisition will be made by means of cash and newly-raised funding, and is scheduled to be completed this month after confirmation that all customary closing conditions, including regulatory approval, have been met.

For the full story, see the August 2018 edition of MobileTex. Not a subscriber? Sign up HERE