# Yawei Shares plans equity and technology cooperation with Belgium's Haco

Yawei Shares and Haco NV signed a Letter of Intent for Investment on May 29, 2026, for equity and technology cooperation covering Haco's sheet metal and press business in Europe and the US. Yawei will acquire 80% of Haco Europe and 49% of Haco USA.

- Type: Partnership
- Announced: 2026-05-29
- Where: Mouscron, Belgium, Belgium
- Status: announced
- Products: bending machines, shearing machines, mechanical presses, hydraulic presses
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Yawei Shares](https://endata.com/companies/92253.md)
- [HACO A/S](https://endata.com/companies/66532.md) (partner)

## Sources

- [en.wedoany.com](https://en.wedoany.com/shortnews/189989.html), 2026-06-02: "The two parties have reached a preliminary consensus on the cooperation and signed a 'Letter of Intent for Investment' on May 29, 2026."

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