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Bethel acquires 50.97% stake in Yubei Steering · Endata

◂ Announcements

Jun 17, 2026ACQUISITIONChina

Bethel acquires 50.97% stake in Yubei Steering

Bethel closed the acquisition of a 50.97% stake in Yubei Steering for approximately 1.12 billion yuan, making it the controlling shareholder.

Value

$155.0M (1.12B CNY)

Status

Completed

Productssteering systems

CompaniesBethel acquirer Yubei Steering target

Sectors#Automotive Components

“Bethel announced it had closed the acquisition of a 50.97% stake in Yubei Steering, making it the controlling shareholder”autonews.gasgoo.com

1 source
autonews.gasgoo.comAuto Parts Companies, M&A to Seize "Control" | GasgooEdited by GregJun 22, 2026

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

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