Jan 10, 2024 16:09 JST

Source: Denso

DENSO Integrates the Management of Three Group Companies in Brazil

KARIYA, JAPAN, Jan 10, 2024 - (JCN Newswire) - DENSO CORPORATION today announced that it has integrated the management of three production and sales companies in Brazil as of January 1, 2024: DENSO DO BRASIL LTDA., DENSO MAQUINAS ROTANTES do BRASIL LTDA., and DENSO SISTEMAS TERMICOS do BRASIL LTDA. After the integration, the new DENSO DO BRASIL LTDA. manufactures and sells automotive components, including thermal products, which were previously produced independently by the three companies.

Location of new DENSO DO BRASIL LTDA

 

In 1975, DENSO established in Brazil a sales company for aftermarket car air conditioners, which was the predecessor of DENSO DO BRASIL LTDA. DENSO has since grown its business in the country, expanding its Brazil offerings to include electrical components and alternators, as well as instrument clusters and wiper systems.

In 2022 fiscal year, DENSO’s revenue in Brazil exceeded 70 billion yen. To reinforce the business foundation for future growth, DENSO has integrated the management of its three production and sales companies in the country.

Through the integration, DENSO will consolidate and streamline corporate management to increase operational efficiency and strengthen the company’s ability to withstand the changing business conditions. The move will also enhance DENSO’s ability to propose new solutions and systems to customers through deeper collaboration between businesses.

DENSO remains committed to contributing to the development of the local economy and the automotive industry by meeting the needs of regional customers.

For more information, visit https://www.denso.com/global/en/news/newsroom/2024/20240110-g01/.

Source: Denso
Sectors: Automotive

Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


DENSO and onsemi Collaborate for a Strengthened Relationship
December 17 2024 13:26 JST
 
DENSO Signs Memorandum of Understanding with Canatu of Finland for Practical Application of Carbon Nanotube Technology
December 04 2024 16:51 JST
 
DENSO to Exhibit at "Automechanika Dubai 2024"
December 02 2024 21:38 JST
 
DENSO and U.S. Startup Quadric Sign Development License Agreement for AI Semiconductor (NPU)
October 29 2024 12:03 JST
 
DENSO and ROHM Agree to Start Consideration of Strategic Partnership in the Semiconductor Field
October 01 2024 08:27 JST
 
DENSO Announces Changes of Executive Responsibility and Executive Officers
September 30 2024 12:22 JST
 
DENSO Wins Medals at 47th WorldSkills Competition
September 16 2024 18:54 JST
 
DENSO to Transfer All Its NiPPA Shares to Nippon Mirai Capital
September 13 2024 08:59 JST
 
DENSO to Build a New Plant at the Zenmyo Plant
September 09 2024 16:15 JST
 
DENSO Fukushima Launches Production of Inverters
September 05 2024 16:41 JST
 
More Press release >>

Latest Press Release


More Latest Release >>