PHINIA Agrees To Acquire Stoba Group; Financial Terms Undisclosed
PHINIA Inc. (NYSE: PHIN ), a diversified, industrial supplier and global leader in the development of fuel systems, electrical systems, and aftermarket solutions, today announced it has entered into a definitive agreement to acquire 100% of the equity interests of the stoba Group, a global technology partner specialized in high-precision components, systems, and customized manufacturing solutions. The proposed transaction is expected to close in the fourth quarter of 2026, subject to customary regulatory approvals and closing conditions.
PHINIA Inc. (NYSE: PHIN ), a diversified, industrial supplier and global leader in the development of fuel systems, electrical systems, and aftermarket solutions, today announced it has entered into a definitive agreement to acquire 100% of the equity interests of the stoba Group, a global technology partner specialized in high-precision components, systems, and customized manufacturing solutions.
The proposed transaction is expected to close in the fourth quarter of 2026, subject to customary regulatory approvals and closing conditions.