# Bohai Automotive acquires 75% stake in German parts maker Trimet Automotive

Bohai Automotive Systems Co. plans to spend EUR 61.5 million to acquire a 75% stake in Trimet Automotive Holding GmbH, a German manufacturer of lightweight aluminum alloy parts, from Trimet Aluminium SE. The acquisition aims to expand Bohai's presence in the new-energy vehicle sector.

- Type: Acquisition
- Announced: 2017-12-15
- Where: Germany
- Value: $72.5M (61.5M EUR)
- Status: announced
- Products: lightweight aluminum alloy parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Bohai Automotive Systems Co., Ltd.](https://endata.com/companies/18922.md)
- [Trimet Automotive](https://endata.com/companies/16960.md) (target)
- [TRIMET Aluminium SE](https://endata.com/companies/18923.md) (partner)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/bohai-automotive-buys-75-stake-in-german-parts-maker-to-break-into-global-nev-sector), 2017-12-15: "Piston maker Bohai Automotive Systems Co. plans to spend EUR61.5 million (USD72.5 million) on a 75-percent stake in a German aluminum alloy parts maker to become its controlling shareholder."

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