ERJ staff report (LMH)
Komaki, Japan – Tokai Rubber Industries Ltd has completed the acquisition of Brazilian automotive anti-vibration rubber manufacturer Produflex Minas Indústria de Borrachas Ltda.
TRI announced the acquisition in March 2013, the second of its automotive AVS purchases in 2013 after Germany's Anvis Group. Following the 1 July completion of the deal, Tokai now has AVS business in 18 countries worldwide.
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Press release from Tokai Rubber Industries