MARELLI and Highly announce the creation of new joint venture “Highly Marelli”
Leading automotive supplier Marelli Corporation K.K. (“MARELLI”) and Highly International (Hong Kong) Limited. (“Highly”) have today announced the signing of their agreement to establish a new joint venture, Highly Marelli Holdings Co., Ltd. (hereinafter “Highly Marelli” or “JV”). This joint venture creates a leading cabin comfort business, focused on developing world-class solutions for customers and…
MARELLI Forms Strategic Partnerships with Highly Group
Leading automotive supplier MARELLI is delighted to announce that it has entered into a strategic partnership with China-based Shanghai Highly (Group) Co., Ltd. (Highly). Under the terms of the deal, MARELLI has agreed an Equity Transfer Agreement with Johnson Controls-Hitachi Air Conditioning (JCH) to acquire equity interest in Shanghai Highly New Energy Technology Co., Ltd.…