Shengbang Seals to buy 60% stake in Wuxi Woco Motor Acoustic System

Shengbang Seals plans to acquire a 60% stake in Wuxi Woco Motor Acoustic System, the Chinese unit of German auto parts supplier Woco Franz Josef Wolf Holding, for a tentative valuation of CNY 430 million. The deal will create a joint venture.

“Shengbang will buy a 60 percent stake in Wuxi Woco Motor Acoustic System for cash, turning the target company into a joint venture with Woco Franz Josef”yicaiglobal.com

• 1 source
• yicaiglobal.comShengbang Jumps After Chinese Insulation Maker Unveils Plan to Take Over Local Unit of German Auto Parts Supplier WocoTang ShihuaNov 19, 2025

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