Luxshare Precision acquires 50.1% of Leoni AG and 100% of Leoni K for €525 million

Luxshare Precision completed the acquisition of 50.1% equity of German automotive wiring harness company Leoni AG and 100% equity of its subsidiary Leoni K for a total consideration of €525.41 million (approximately RMB 4.1 billion).

“On the evening of July 10th, Luxshare Precision announced that the company has successfully completed the delivery of 50.1% equity of German century old automotive wiring harness company Leoni AG and 100% equity of its wholly-owned subsidiary Leoni K through its Singapore subsidiary.”top-cables.com

• 1 source
• top-cables.comLuxshare Precision Acquires German Century Old Automotive Wiring Harness For 4.1 Billion Yuan - News - Top ElectronicsJul 13, 2025

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