NAGOYA, Japan, January 25, 2021 / PRNewswire / – Hayashi Telempu Corporation (hereinafter HTC, headquartered in Nagoya, Japan), the holding company of Thailand’s Hayashi Telempu, and the controlling shareholder of the Adler Pelzer Group (hereinafter referred to as APG, headquartered in German) has jointly established GAIA (Global Automotive Interior Alliance) Holdings and entered into a capital partnership to further strengthen cooperation in the automotive interior parts business. GAIA, the alliance for automotive acoustic parts, has the largest share of the world automotive flooring carpet market.
HTC and APG entered into a technical partnership agreement in the automotive interior parts business in April 2017. In February 2018The duo founded NEVHA, a joint venture focused on developing new energy vehicles, and have since co-developed acoustic technology, materials and parts.
HTC and Paolo Scudieri, the controlling shareholder of APG and owner of the entire group, built a capital alliance through the acquisition of HTC’s equity in APG while co-founded GAIA. By leveraging the technology and production know-how effectively from both companies and their respective global business bases, the two will be able to comprehensively provide development, production and delivery in all regions to globally expanding customers.
“We are excited to provide value for our OEM customers and the market by combining the best of our two companies,” commented H. Hayashi, COO of Hayashi Telempu. “The market will capitalize on a global scale thanks to the Global Automotive Interior Alliance,” he highlighted Paolo Scudieri. Pietro Lardini, CEO of the Adler Pelzer Group, expressed his gratitude for the unique opportunity for the further development of the company.
About Hayashi Telempu (Thailand) Co., Ltd.
- Headquartered: Chonburi, Thailand
- Employees: 785
- Sales: 2,600 MTB in 2019
About Hayashi Telempu Corporation
- Headquartered: Nagoya, Japan
- Employees: 5,000
- Sales: 270 billion yen in 2019
- Locations: 40 locations
- Number of floor carpets produced: About 11 million units a year
About Adler Pelzer
- Headquartered: North Rhine-Westphalia, Federal Republic German
- Employees: 11,000
- Sales: 1.4 billion euros in 2019
- Locations: 80 locations
- Number of floor carpets produced: About 9 million units a year
SOURCE Hayashi Telempu Corporation
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