JTEKT Corporation Completes Transfer of European Needle Roller Bearing Business to AEQUITA in Major Restructuring Move

Reuters
2025.08.04 02:15
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JTEKT Corporation has completed the transfer of its European needle roller bearings business to AEQUITA, a financial investor based in Germany. This strategic move, finalized on August 1, 2025, is part of JTEKT's Second Medium-term Management Plan for 2024-2026, aimed at strengthening its global management and business structure. The transfer includes all shares of JTEKT's three European subsidiaries in Germany, France, and the Czech Republic, designed to consolidate operations and enhance profitability.