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PHINIA in Auburn Hills Announces Definitive Agreement to Acquire stoba Group

PHINIA Inc. in Auburn Hills has announced plans to acquire 100 percent of German precision component manufacturer the stoba Group. // Photo courtesy of stoba Group PHINIA Inc., an Auburn Hills-based supplier of automotive fuel systems, electrical systems, and aftermarket solutions, today announced plans to acquire 100 percent of German precision component manufacturer the stoba Group. Terms of the deal were not disclosed. Stoba Group was founded…

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DBusiness Magazine broke the news on Tuesday, June 30, 2026.
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