Oct 28, 2025ACQUISITIONTaicang, China Mutares to acquire 67% of HSR and HST from Hwaseung Corporation for Amaneos China
Mutares SE & Co. KGaA has entered final negotiations to acquire a 67% stake in Hwaseung Special Rubber (Taicang) Co., Ltd. and Hwaseung Auto Parts (Taicang) Co., Ltd. from Hwaseung Corporation. The acquisition is for Amaneos China, with signing expected in Q4 2025. The companies generated over EUR 100 million in revenue in 2024.
Productsrubber sealing productshose products
“Our expansion into Asia marks a major milestone for Mutares”mutares.com
- 2 sources
- mutares.comMutares plans to expand its presence in Asia with strategic add-on acquisition of HSR and HST from Hwaseung Corporation for Amaneos China - Mutares SE & Co. KGaAWordPress ServiceOct 28, 2025
- marketscreener.comMutares Plans Strategic Asian Expansion with Majority Acquisition of HSR and HST | MarketScreenerS&P Capital IQOct 28, 2025
Summarized from public sources; check the original articles before acting on it.