Bohai Automotive acquires 75% stake in TRIMET Automotive

Bohai Automotive Systems Co., Ltd. completed the acquisition of a 75% stake in TRIMET Automotive Holding GmbH from TRIMET Aluminium SE, with TRIMET retaining 25%.

“The merger provides additional opportunities for Trimet Automotive as a system supplier to the increasingly global operations of automobile manufacturers, thus sustainably strengthening its production sites in Harzgerode and Soemmerda.”auto.economictimes.indiatimes.com

• 3 sources
• auto.economictimes.indiatimes.comGermany's Trimet Aluminium sells auto parts unit to China's Bohai, ETAutoAug 8, 2018
• foundry-planet.comBohai acquires majority stake in TRIMET AutomotiveAug 8, 2018
• aluminium-journal.comBohai acquires majority stake in Trimet Automotive | International Aluminium Journalalu-web RedaktionAug 13, 2018

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