Aequita completed the acquisition of JTEKT Bearings Deutschlandfrom JTEKT .

Aequita Se & Co. Kgaa, a German-based industrial group completed the acquisition of JTEKT Bearings Deutschland, a German subsidiary of the global JTEKT Corporation that manufactures bearings. Financial terms were not disclosed. “We would like to thank JTEKT for entrusting us with the further development of the business, which is a great addition to our automotive portfolio. Over the last couple of months, we have worked closely with JTEKT to ensure a seamless transition. Looking ahead, we, together with the skilled and experienced employees, will build on the company’s great reputation, delivering best-in-class roller bearing solutions to our blue-chip customers,” AEQUITA, Christoph Himmel Managing Partner.