# Lumax Auto Technologies sells 50% stake in JV to Jopp Holding GmbH

Lumax Auto Technologies Limited approved the sale of its entire 50% equity stake in joint venture Lumax Jopp Allied Technologies Private Limited to German partner Jopp Holding GmbH for Rs. 1,52,500. The transaction is expected to complete by June 30, 2026.

- Type: Acquisition
- Announced: 2026-05-08
- Where: India
- Status: announced
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Lumax Auto Technologies](https://endata.com/companies/38681.md)
- [Lumax Auto Technologies](https://endata.com/companies/38681.md) (target)
- [Jopp Holding](https://endata.com/companies/38682.md) (acquirer)
- [Lumax Jopp Allied Technologies Private Limited](https://endata.com/companies/91852.md) (target)

## Sources

- [scanx.trade](https://scanx.trade/stock-market-news/companies/lumax-auto-technologies-approves-sale-of-entire-50-stake-in-joint-venture-lumax-jopp-allied-technologies-to-german-partner/39774975), 2026-05-09: "The Board of Directors of Lumax Auto Technologies Limited, at their meeting held on Friday, May 08, 2026, approved the sale of the company's entire equity stake in its joint venture, Lumax Jopp Allied Technologies Private Limited (LJAT), to Jopp Holding GmbH, Germany."
- [jopp.com](https://www.jopp.com/news/item/a-new-chapter-for-jopp-in-india/), 2026-05-29: "JOPP Holding GmbH has agreed to acquire the remaining 50 % stake in Lumax JOPP Allied Technologies Private Limited from Lumax Auto Technologies Limited."

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