Teijin to acquire Continental Structural Plastics

October 28th, 2016

Tokyo-based high-performance fiber developer Teijin Ltd. will acquire Continental Structural Plastics Holdings Corp. (CSP), an automotive composite supplier in North America, for $825 million. CSP will become a wholly owned subsidiary of Teijin. Through this acquisition, Teijin intends to establish the foundations of an automotive composite products business in North America. Headquartered in Auburn Hills, […]

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