JAPANESE company Tokai Rubber Industries (TRI) is acquiring the entire shares of Germany-based Anvis Group, a manufacturer of automotive anti-vibration systems from HIG Luxembourg Holdings Eleven (90%) and Hahn (10%).
Financial details were not disclosed.
Anvis is a successor company of Woco Michelin AVS, a joint venture between Woco and Michelin. The
company serves the automotive sector with its chassis components, aggregate storage, exhaust system
hangers as well as decoupling elements, and mass dampers, including the railway industry and other industrial sectors where oscillation and noise reduction systems are used. Meanwhile, the company also recently acquired Italian hose manufacturer, Dytech-Dynamic Fluid Technologies.