Toray
The fiber and textile manufacturer Toray Industries Inc., Osaka/Japan, has announced that it has concluded an agreement with AB Anders Westerlind, Mölndal/Sweden, to purchase all of the shares of Alva Sweden AB (ASE), Mölndal/Sweden, a manufacturer of cushions for automotive airbag systems, and acquire ASE and its 2 subsidiaries, Alva Confecções S.A., Sintra/Portugal, and Alva Tunisia SA, Ariana/Tunesia. AB Anders Westerlind wholly owns ASE.