Since the end of 2009, Hirschvogel Holding GmbH has been holding 66 % of the shares of Hirschvogel Kotani Poland Sp. z o.o., a joint venture with the Japanese automotive supplier Kotani Corporation. Some months ago Hirschvogel got the opportunity to acquire the 34 % of the shares held up to now by Kotani Corporation.
On August 26th the contract closing for the acquisition of the shares took place in Poland. The name of the 100 % subsidiary will be Hirschvogel Components Poland Sp. z o.o.
The Hirschvogel plant in Poland is located in an industrial area in Gliwice and produces components fort the automotive industry. This is an integral part of the forward-thinking globalization strategy of the Hirschvogel Automotive Group.
