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MGC Group

Company

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History

2024: Purchase of Russian business of the American manufacturer of automotive components Joyson Safety Systems

In September 2024, it became known that the Ulyanovsk company MGC Group completed the acquisition of the Russian division of the global manufacturer of automotive components Joyson Safety Systems (JSS). This acquisition was a significant event in the Russian automotive components market, given the departure of foreign companies from the country from 2022. The corresponding petition was granted by the FAS. Read more here.