Marelli Holdings
Marelli Holdings Co., Ltd. (マレリホールディングス株式会社, Mareri Hōrudingusu Kabushiki kaisha), formerly Calsonic Kansei Corporation, is a Japan-based multinational automotive parts manufacturer with 58 manufacturing centres spread throughout the United States, European Union, South Korea, Mexico, Thailand, South Africa, India, China, and Malaysia.[4] In November 2016, Nissan confirmed plans to sell its stake to U.S. private equity firm Kohlberg Kravis Roberts, who later obtained the rest of the company as well in February 2017.[7] Kansei Corp. was established on October 25, 1956 as Kanto Seiki Company, Ltd., spinning off of Nissan Motor with instrument clusters as its main product.[8] KKR stated that its intention in buying Calsonic Kansei would be to help its international expansion while the company's local Japanese market is shrinking.The news was mostly wrongly reported by the press as Calsonic Kansei purchasing Magneti Marelli, while the transaction happened between KKR and FCA.