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Delfingen and Askara Sign Joint-Venture Agreement in Indonesia

Delfingen SA and PT Askara Internal have announced the signing of a Joint-Venture agreement in Indonesia on January 28, 2026.


Delfingen and Askara Sign Joint-Venture Agreement in Indonesia

Strategic Alliance Formed

Delfingen SA, a global leader in cable protection solutions for the automotive and industrial markets, and PT Askara Internal, an Indonesian company specializing in the production of cable harnesses and injected plastic and rubber parts, have signed a Joint-Venture agreement. This alliance aims to jointly address the evolving Indonesian market for automobiles, two-wheelers, and all-terrain vehicles. The partnership involves integrating Delfingen's technologies and expertise within a new joint facility based in Purwakarta, Java.

Objectives of the Partnership

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According to the press release, the partnership aims to achieve three main objectives: enhance the local integration rate for vehicles manufactured in Indonesia, provide a complete cable protection solution with local storage and just-in-time delivery capabilities, and introduce new solutions dedicated to batteries and electric vehicles. Delfingen employs 3,800 staff and has a global presence with 40 offices in 20 countries. PT Askara Internal employs about 4,000 people and was established in 1996.

Related


Sector Automobiles et Pièces Pièces Automobiles


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The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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