# Zhejiang Meili Technology acquires ACPS Automotive

Zhejiang Meili Technology Co., Ltd. has acquired ACPS Automotive, the European market leader in towbars, from previous owner Towerbrook. ACPS Automotive will operate independently within the Meili Group.

- Type: Acquisition
- Announced: 2026-04-22
- Status: completed
- Products: towbars for cars, SUVs and light commercial vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [TowerBrook](https://endata.com/companies/19371.md) (partner)
- [Zhejiang Meili Technology](https://endata.com/companies/88072.md) (acquirer)
- [ACPS Automotive](https://endata.com/companies/88073.md) (target)

## Sources

- [acps-automotive.com](https://www.acps-automotive.com/en/company/press/acps-automotive-becomes-an-independent-part-of-the-meili-group/), 2026-04-22: "We are delighted to have found a long-term investor in Zhejiang Meili Technology Co., Ltd., a company that fully shares our commitment to quality, innovation and sustainable development."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.