# HÖRMANN Automotive to acquire full ownership of HÖRMANN Automotive Gustavsburg

HÖRMANN Automotive GmbH signed an agreement to acquire the 40% stake held by MAN Truck & Bus AG in HÖRMANN Automotive Gustavsburg GmbH, a joint venture producing chassis components and body parts for commercial vehicles. The transaction is subject to regulatory approval.

- Type: Acquisition
- Announced: 2017-07-11
- Where: Germany
- Status: announced
- Products: chassis components, body parts for commercial vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [MAN Truck & Bus](https://endata.com/companies/21423.md) (target)
- [HÖRMANN Automotive GmbH](https://endata.com/companies/25524.md) (acquirer)
- [HÖRMANN Automotive Gustavsburg GmbH](https://endata.com/companies/25525.md) (target)

## Sources

- [hoermann-gruppe.com](https://www.hoermann-gruppe.com/de/ad-hoc-mitteilungen/hoermann-industries-beabsichtigt-vollstaendigen-erwerb-der-hoermann-automotive), 2017-07-11: "Die strategisch bedeutende Transaktion hat keine unmittelbaren Auswirkungen auf die Ergebnisprognose der HÖRMANN Industries GmbH für das Geschäftsjahr."

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