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Webasto SE has signed an agreement to acquire a 30% stake in a newly established joint venture with Chinese glass manufacturer Zhejiang Fujia Technology to jointly develop and produce Fixed Transparent Modules (FTMs) for the Chinese market.
“The partnership aims to jointly develop and produce Fixed Transparent Modules (FTMs), fixed glass roof systems, for the fast-growing Chinese market.”marklines.com
Summarized from public sources; check the original articles before acting on it.