Auria joint venture formed for soft trim and acoustic products

Shanghai Shenda and International Automotive Components (IAC) Group have completed their joint venture transaction, officially forming Auria Solutions, which will supply soft trim and acoustic products to the automotive industry.

Shenda has acquired a 70% stake in the new enterprise with IAC holding a 30% interest. The joint venture expands a partnership between affiliates of both companies over nearly two decades.

For the full story, see the October 2017 edition of MobileTex. Not a subscriber? Sign up HERE

Posted by Geoff Fisher on 13 October 2017



Do you want to know more about this story and read more like it?

Buy a year's subscription to this newsletter and receive a printed copy straight to your door covering hard-to-find commercial news, information and business opportunities.

Subscribe Now

Buy A Subscription