TA AG has now become a wholly owned subsidiary of Kyocera.
Kyocera had previously gained over 95 percent of all TA AG shares through a voluntary public takeover offer in February 2009 and following share acquisitions.
The OEM said it will “continue to strengthen its relationship with TA AG and accelerate its management through this acquisition”.
Kyocera added that TA AG will aim to expand business further by utilizing its strength of having more than 450 experts at 50 direct sales locations throughout Germany and other neighbouring countries.
TA AG was founded in 1896, with headquarters in Nuremberg, Germany. As of September, it has 1,263 employees, with sales reaching €287.5 million last year.