# 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.

- Type: Acquisition
- Announced: 2017-08-03
- Where: Dietfurt, Germany, Germany
- Status: completed
- Products: injection moulding composite parts, pressing tools, PUR-honeycomb sandwich panels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Fosun](https://endata.com/companies/1123.md) (investor)
- [Nanjing Nangang Iron & Steel United](https://endata.com/companies/17475.md) (acquirer)
- [Koller Beteiligungs](https://endata.com/companies/17476.md) (target)
- [Fosun International](https://endata.com/companies/18746.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/in/news-releases/fosuns-joint-venture-nanjing-nangang-completes-acquisition-of-leading-german-automotive-supplier-koller-beteiligungs-gmbh-638272813.html), 2017-08-03: "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."
- [just-auto.com](https://www.just-auto.com/news/nanjing-nangang-completes-acquisition-of-koller-beteiligungs/), 2017-08-03: "Fosun and its joint venture Nanjing Nangang Iron & Steel United has completed the acquisition of a majority stake in Koller Beteiligungs, a German Tier 1 and 2 supplier in Dietfurt, Germany."

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