JTEKT to transfer European Needle Roller Bearings business to AEQUITA

News
Corporate developments

The move includes selling shares of three subsidiaries, aimed at enhancing JTEKT's profitability and management structure under its Medium-term Plan

Japan's JTEKT Corp. has announced a fundamental agreement to transfer its European Needle Roller Bearings (NRB) business to Aequita, a financial investor based in Germany.

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