Sanoh Industrial acquires Winkelmann Powertrain Mexico
Sanoh Industrial Co., Ltd. announced today that it, along with its subsidiary Sanoh Industrial de Mexico S.A. de C.V. (SANMEX), will acquire 100% of the equity interests in Winkelmann Powertrain México (WPM) from WiMo and WIGNA. The acquisition, approved by the board on June 6, 2025, and scheduled for June 30, 2025, aims to leverage WPM's established position as a key player in the fuel rail business for U.S. pickup trucks. Sanoh expects this move to establish a dominant position in Mexico, diversify its customer portfolio, and maintain its presence in the internal combustion engine sector. In FY24 WPM's sales were MXN913,120,000 with operating income of MXN32,622,000. Sanoh anticipates further performance improvements by implementing its operational know-how within WPM.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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