Tianrun Industrial Technology to acquire Altechno Auto Parts for CNY135M

Chinese engine components maker Tianrun Industrial Technology plans to acquire Korean-owned Altechno Auto Parts in Shandong province for CNY135 million (USD18.8 million) to expand into lightweight aluminum car parts. The deal is expected to be completed by 2027.

“Tianrun has signed an agreement with a domestic affiliate of South Korea’s Altechno Metal along with Altechno Auto Parts's other shareholders, the Weihai-based buyer said yesterday.”yicaiglobal.com

• 1 source
• yicaiglobal.comChina’s Tianrun to Buy Korean-Owned Altechno, Adding Aluminum Car Parts to PortfolioTang ShihuaJul 23, 2025

Summarized from public sources; check the original articles before acting on it.