PHINIA Announces Definitive Agreement to Acquire the stoba Group

On June 30, 2026, PHINIA Inc. announced that it had entered into a definitive agreement to acquire 100% of the equity interests in the stoba Group. The proposed transaction is expected to close in the fourth quarter of 2026, subject to customary regulatory approvals and closing conditions.

For more information, read the corresponding press release from PHINIA here:

PHINIA Press Release