Announced

Completed

DENSO completed the acquisition of Axia Seeds.

Synopsis

DENSO, a global supplier of advanced automotive technology, systems, and components for major automakers, completed the acquisition of Axia Seeds, an innovative breeding company, specialised in creating vegetable seeds for protected crops. Financial terms were not disclosed. "We are delighted to welcome Axia Vegetable Seeds, with its outstanding development capabilities and know-how in the seed industry, as a member of the DENSO Group. By integrating the technologies and expertise of both the DENSO Group and Axia, we will create new value and realize our vision of providing safe and delicious food anytime, anywhere, and for everyone,” Yasushi Mukai, DENSO CORPORATION Executive Officer.

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