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Tokyo, Published date 19 June, 2019

Hitachi Automotive Systems to Accelerate its Transformation

Select category Transport

Hitachi Automotive Systems to accelerate its transformation toward operational excellence and industry leadership

Tokyo, June 19, 2019 - Hitachi Automotive Systems, Ltd., a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501, “Hitachi”), today announced that it has granted KPS Capital Partners, LP a put-option agreement for the acquisition of 100% of Chassis Brakes International B.V. Staff representatives will be consulted as per applicable law, and completion will be subject to antitrust approvals.

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