• Phinia agreed to acquire 100% of stoba Group, a maker of high-precision components and customized manufacturing solutions.
• Transaction expected to close in Q4 2026, subject to customary regulatory approvals and closing conditions.
• Deal aims to expand precision engineering and advanced manufacturing capabilities, strengthening supply continuity and resilience.
• Acquisition broadens exposure beyond automotive into industrial markets, including semiconductors and aerospace and defense.
• Phinia expects to fund the purchase using available liquidity while maintaining financial flexibility for other priorities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phinia Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260630810993) on June 30, 2026, and is solely responsible for the information contained therein.