Xiamen Tungsten subsidiary to acquire Mimatic Tools for €10M

Xiamen Tungsten announced that its subsidiary Xiamen Jinlu Special Alloy will increase capital of German Jinlu Hard Alloy by €14.9011 million, which will then acquire 100% of German Mimatic GmbH for a base price of €10 million, with an additional €4.9011 million capital increase for the target.

“Xiamen Tungsten announced that its controlling subsidiary, Xiamen Jinlu Special Alloy Co., Ltd., plans to increase the capital of its wholly-owned subsidiary, German Jinlu Hard Alloy Co., Ltd., by 14.9011 million euros.”news.futunn.com

• 1 source
• news.futunn.comXiamen Tungsten: German subsidiary Jinlu proposes to increase capital by 14.9011 million euros to acquire 100% equity of Mimatic Tools Company - FutubullBreakingsDec 29, 2025

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