HAYASHI-TELEMPU

Hayashi Telempu Corporation (HTC, Headquartered in Nagoya, Naka-ku) makes an additional investment in Adler Pelzer to strengthen and further expand the world's largest alliance of automotive soundproofing materials.
HTC acquires 28% shares in Adler Group SpA, the parent company of Adler Pelzer Group (APG, Headquartered in Federal Republic of Germany).

HTC and APG signed a technical alliance in 2017, established the Joint Venture NEVHA focusing on acoustic for New Energy Vehicles in 2018, and in January 2021, built the first capital partnership between the top level of both groups to establish GAIA, the “Global Automotive Interior Alliance”.

HTC aims to be an industry leader in the field of automotive soundproofing materials, which strives to survive and continue its business, and realizes efficient development and production complementation by alliances with world-standard business operations.
This investment is a one-stop global response to customer needs and realizes an alliance that provides unprecedented services around the world.
This is the first step in a full-scale effort toward this, and we aim to further expand our global framework and global market share.

Hayashi Telempu Corporation: http://www.hayatele.co.jp/
ADLER PELZER GROUP: http://www.adlerpelzer.com/

[About APG]

Company Name	Adler Pelzer Holding GmbH	Headquartered	North Rhine-Westphalia, Federal Republic of Germany
Employees (Consolidated)	11,000	Sales (Consolidated)	1.17 billion € in 2020

[About HTC]

Company Name	Hayashi Telempu Corporation	Headquartered	Nagoya, Aichi, Japan
Employees (Consolidated)	4,300	Sales (Consolidated)	*179.8 billion yen in 2020
*9-month financial results due to change in financial year end

View source version on businesswire.com: https://www.businesswire.com/news/home/20220314005969/en/

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