# Luxshare-ICT acquires majority stake in Leoni AG

Chinese Luxshare-ICT acquired 50.1% of Leoni AG's Wiring Systems Division from Stefan Pierer, and its subsidiary TIME Interconnect acquired 100% of Leoni's Automotive Cable Solutions business. The deal received regulatory approval.

- Type: Acquisition
- Announced: 2025-07-10
- Where: Germany
- Status: completed
- Products: wiring systems, automotive cables, electronic components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Leoni](https://endata.com/companies/23490.md) (target)
- [Luxshare-ICT](https://endata.com/companies/85937.md) (acquirer)
- [TIME Interconnect](https://endata.com/companies/85938.md) (acquirer)
- [Stefan Pierer](https://endata.com/companies/85939.md) (target)
- [Pierer Industrie AG](https://endata.com/companies/85954.md) (partner)

## Sources

- [drupal-prod.automobilwoche.de](https://drupal-prod.automobilwoche.de/nachrichten/leoni-chinesische-gruppe-besiegelt-mehrheitsubernahme), 2025-07-10: "Die im September 2024 vereinbarte Partnerschaft zwischen den zwei Leoni-Anteilseignern Luxshare-ICT und Stefan Pierer ist perfekt – nun liegen auch die behördlichen Genehmigungen vor."
- [longbridge.com](https://longbridge.com/news/248145714), 2025-07-11: "I am delighted that the sale of the majority stake in Leoni to Luxshare-ICT has now been successfully completed."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.