Aisan: Announcement regarding completion of the acquisition of fuel pump module business and equity interests
September 05, 2022 at 11:21 am EDT
Share
Aisan Industry ('Aisan') hereby announces that, as of today, it has completed the acquisition of the fuel pump module ('FPM') business from DENSO CORPORATION (Head Office: Kariya, Aichi) (President: Koji Arima), which Aisan initially announced in the disclosure 'DENSO and Aisan Reach Agreement on Transfer of Fuel Pump Module Business' dated January 17, 2022.
In the course of the acquisition of the FPM business, Aisan has acquired 100% of the equity interests in KYOSAN DENSO MANUFACTURING KENTUCKY, LLC.
AISAN INDUSTRY CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of automotive parts. The Company operates through four geographical segments including Japan, Asia, the Americas and Europe. The automotive parts business mainly manufactures and sells automotive parts such as fuel pump modules, throttle bodies, and canisters to domestic and overseas automakers. The non-automobile parts business is engaged in the transportation business of automobiles, civil engineering, and development and sales of computer systems and programs. The Companyâs main products include fuel pumps, fuel pump modules, canisters for motorcycles, engine valves, titanium engine valves for motorcycles and others.