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Advanex (5998) · InitiativeFirst stated

Restructuring of the Americas Operations through the Establishment of a Local Subsidiary in Mexico

First written in FY2019-Q3. . Latest entry: FY2019-Q3.

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Americas business restructuring through the establishment of an independent Mexican subsidiaryA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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  1. FY2019-Q3First statedAnnual report

    「Business combination date 1 October 2018 To strengthen sales in the growing Mexican and Central and South American markets, particularly the automotive market, the Company established an independent local subsidiary in Mexico and transferred to it the businesses of the Queretaro and Nogales plants, which had been under AAM, thereby restructuring its Americas operations.」

    The Company established an independent local subsidiary in Mexico and transferred the businesses of the Queretaro and Nogales plants as part of a restructuring of its Americas operations on 1 October 2018. The stated objective was to strengthen sales in the Mexican and Central and South American markets.
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Restructuring of the Americas Operations through the Establishment of a Local Subsidiary in Mexico | Advanex Inc. (5998) | Komori