Trèves Group and Kotobukiya Fronte completed the acquisition of a majority stakes in ROI Technologies and CTA Acoustics from Cerberus.

Trèves Group, a global, family-owned automotive supplier, designer and manufacturer of acoustic and thermal insulation solutions, and Kotobukiya Fronte, a company manufacturing of plastics products, completed the acquisition of a majority stakes in ROI Technologies, an automotive acoustics company, and CTA Acoustics, a manufacturer of high-quality acoustical and thermal fiberglass insulated products, from Cerberus, a private equity firm. Financial terms were not disclosed. “We are very proud of these acquisitions which reinforce our Group and strengthen our global presence. The complementary technologies and resources of ROI and CTA with the Trèves Group will generate significant synergies," Guillaume Trèves, Trèves Group Chairman of the Management Board.