MISI acquires shares of Italian auto parts makers

<

CLNCoils Lamiere NastriS.pA (CLN), the Italian auto parts manufacturer, announced that it has concluded its equity investment agreement with Japanese steel company Marubeniltochu Steel Inc. (MISI). The agreement stipulates that MISI owns 10.45% of CLN.

MISI Holdings aims to consolidate the cooperative relationship between the two companies, and in the next few years is expected to achieve rapid economic growth in the emerging countries auto market to gain business opportunities. As the automobile manufacturers and auto parts manufacturers expand production and expand their business abroad, MISI will continue to optimize the steel product supply chain. It also has a steel service center in Germany that was established in a joint venture with CLN.

CLN manufactures wheel steel and automotive body and chassis lamination accessories for European, Japanese and North American automotive manufacturers. At the same time, it also opened a steel service center in Italy. CLN has steadily expanded its business, keeping pace with the global development of automotive manufacturers, investing in Central Europe, the BRIC countries, Mexico and Turkey.

RX8 Auto Parts

Trunk Spoiler Carbon Fibre,Three-Piece Front Lip,Carbon Fibre Trunk Spoiler,Frp Automobile Refitting

Hunan Province Yuhang Auto Parts Co., Ltd , https://www.yuhangparts.com