Sponsored Content
Polytec Sells the Interior Segment to the Toyota Group
The Austrian component supplier divests a business segment due to high competitive pressure. The buyer is Toyota Boshoku Europe.
Polytec Sells the Interior Segment to the Toyota Group / Picture: © Polytec
The Executive Board of Polytec decided to sell the interior segment regardless of the existing technological expertise in this area. The key motivation for this strategic decision was the unpromising perspective to reach a global footprint in a market that features high competitive pressure through a selective group of competitors with a global presence. After examination of all…
or Log In
Fast News Search