Toyota supplier Pacific Industrial to go private with $750m tender offer

Group made up of founding family and others readies management buyout

20250724N Pacific

Pacific Industrial holds a 50% global share in car tire valves. (Photo by Kazuhiro Noguchi)

SHOTA UEHARA

NAGOYA, Japan -- Toyota Motor supplier Pacific Industrial plans to take its shares private in a management buyout via a tender offer worth up to 110 billion yen ($749 million), Nikkei has learned, as it looks to switch to a long-term perspective amid seismic shifts in the automotive industry due to electrification.

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