Maeda Kosen acquires Nagoya Yuka to expand automotive sound-absorbing materials
AI Summary- Maeda Kosen acquired all shares of Nagoya Yuka, making it a wholly owned subsidiary.
- Nagoya Yuka reported ¥1.11 billion revenue and ¥1.38 billion net assets for fiscal 2026.
- The companies were former competitors in automotive sound-absorbing materials and will combine technologies and customer bases.