Japan: Nisshinbo set to acquire TMD Friction

TMD Friction SA, a Luxembourg-based group which is owned by private equity firm Pamplona Capital Management, has announced it is to be acquired by Nisshinbo Holdings, making the combined business one of the world's largest automotive brake friction suppliers. The combined companies will have revenue of over €1.0bn (US$1.35bn) and It’s time to log in … Continued

• By Webmaster
• September 26, 2011