ANNOUNCEMENT 31 Jul 2019

On July 31st, 2019, Japan Bank for International Cooperation (JBIC) announced that it would assist Japanese CK Holdings Co., Ltd., in the full acquisition of Italian corporation, Magneti Marelli SpA (MM).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

JBIC (2019) CKホールディングス株式会社によるイタリア共和国法人Magneti Marelli S.p.A.の買収資金を融資
Financing the acquisition of Magneti Marelli S.p.A.
Availablea at:
https://www.jbic.go.jp/ja/information/press/press-2019/0731-012370.html

More information on the Magneti Marelli's products are available at:
https://www.magnetimarelli.com/company

Inception date: 31 Jul 2019 | Removal date: open ended

Financial assistance in foreign market

On July 31st, 2019, Japan Bank for International Cooperation (JBIC) announced that it would finance Japanese CK Holdings Co., Ltd., in the full acquisition of Italian corporation, Magneti Marelli SpA (MM). As stated on MM's company profile, MM is an auto parts company which specializes in...

  • Automotive Lighting (front and rear lighting systems),
  • Powertrain (engine control systems for gasoline, diesel, and multifuel engines)
  • Suspension Systems (suspension systems, shock absorbers. dynamic systems),
  • Exhaust Systems (exhaust systems, catalytic converters, and silencing systems)
  • Motorsport (electronic and electro-mechanical systems specifically for F1s)
  • After Market Parts and Services (Spare Parts – IAM, Service Networks)
  • Electronic Systems (instrument clusters; infotainment & telematics, lighting & body electronics)

AFFECTED SECTORS