Magna forms seating joint venture with HAPM in China

Magna International has entered into a joint venture agreement with Hubei Aviation Precision Machinery Co., Ltd. (HAPM) to expand seating capabilities in China and Asia. The deal is subject to regulatory approval and expected to close in Q4 2017.

“We are very pleased to establish such a cooperative relationship with Magna.”prnewswire.com

• 1 source
• prnewswire.comMagna enters joint venture with Chinese seating supplierMagna International Inc.Apr 28, 2017

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