Nanjing Nangang completes acquisition of majority stake in Koller Beteiligungs

Fosun and its joint venture Nanjing Nangang Iron & Steel United completed the acquisition of a majority stake in Koller Beteiligungs, a German Tier 1 and 2 automotive supplier in Dietfurt, Germany.

“Fosun and its joint venture Nanjing Nangang Iron & Steel United Co. Ltd. (Nanjing Nangang) today announced it has completed the acquisition of a majority stake in Koller Beteiligungs GmbH (Koller), a German lightweight automotive specialist headquartered in Dietfurt, Germany.”prnewswire.com

• 2 sources
• prnewswire.comFosun's joint-venture Nanjing Nangang completes acquisition of leading German automotive supplier Koller Beteiligungs GmbHFosun International LimitedAug 3, 2017
• just-auto.comNanjing Nangang completes acquisition of Koller Beteiligungs - Just AutoadminAug 3, 2017

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