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. The corporation was the result of a merger in 2000 between Calsonic Corp., which specialized in air conditioners and heat exchangers, and gauge maker Kansei Corp.. Nissan increased its shareholding in the company from 27.6 percent to 41.7 percent in January 2005. 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. In early 2019, Calsonic Kansei was merged with auto-parts maker Magneti Marelli, which was purchased for 6.2 billion euros from Fiat Chrysler Automobiles, by its parent and 100% owning fund, KKR, with Marelli as its new unified brand.