Aisan Industry completed the acquisition of TRIS from Marunouchi Capital.

Aisan Industry, a Japan-based company that specializes in the manufacture and sale of automotive parts, completed the acquisition of TRIS, a company specializing in tribology technology, from Marunouchi Capital, a corporate-investment fund manager that specializes in business successions and curve-out deals from large companies. Financial terms were not disclosed. Welcoming TRIS into its group, Aisan Industry intends to harness TRIS’s world-class capabilities to strengthen the competitiveness of its powertrain business and expand its portfolio of carbon-neutral products. The combination of the companies’ technologies will accelerate material innovation and application development in electrified products, positioning the combined group to pursue global leadership in next-gen electrification solutions.