Announced that it will invest up to 30% in the Americas group companies automobile parts manufacturer press 7 days after the close, headquartered in Spain, Gesutanpu Auto Motion (GA) is <8031> Mitsui. I have had various contract related to four days.
GA has worked on the production of stamped parts, sales to automobile manufacturers based mainly in Europe, in the field of press parts for automobiles, sales of the largest in the world in 1999. There are 98 manufacturing sites (including planning) in the whole world, the Americas group companies, holds a total of 15 plants in four countries: the United States, Mexico, Brazil and Argentina.
From the fact that we are actively investing large major automobile manufacturers, in four countries the same medium-to long-term growth of the industry can be expected. Vehicle production (about 15 million units in 1999) is expected to exceed 20 million units in 2016.
Thing Mitsui acquired a 15% take on the third-party allotment of new shares in group companies around the Americas June 13 after obtaining approval of the antitrust authorities. Then, in the policy to implement the financing with convertible common stock, acquired a total of approximately 300 million euros (¥ 33 billion), about 30% of the shares of the largest group of companies ultimately Americas.
7 days of the closing price of 1338 yen yen appreciation thing Mitsui ratio of 3 previous weekend.