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Kayaba Industry Co., Ltd. Announces Business Structure Reformation of Europe-based Subsidiaries
Kayaba Industry Co., Ltd. announced that it has decided to establish a wholly owned subsidiary, KYB Europe Headquarters B.V., which will be engaged in operation of other Europe-based subsidiaries of the Company, in April 2012. After this, the Company will transfer a 100% stake in KYB Suspensions Europe,S.A. and a 99% stake of KYB Manufacturing Czech s.r.o. to KYB Europe Headquarters B.V. Other Europe-based subsidiaries of the Company, including KYB Advanced Manufacturing Spain, S.A., KYB Steering Spain, S.A., KYB Europe GmbH and KYB Europe Headquarters GmbH will also become subsidiaries of KYB Europe Headquarters B.V.
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