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Bohai Automotive to acquire 75% stake in Trimet Automotive for EUR61.5 million · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

Mar 29, 2018ACQUISITIONGermany

Bohai Automotive to acquire 75% stake in Trimet Automotive for EUR61.5 million

Bohai Automotive Systems Co. plans to invest EUR61.5 million to acquire a 75% stake in Trimet Automotive Holding GmbH from Trimet Aluminium SE. The deal is aimed at expanding Bohai's presence in the lightweight parts market.

Value

$76.0M (61.5M EUR)

Status

Announced

Productslightweight alloy components for car engines, chassis and body parts

CompaniesTrimet Automotive target Bohai Automotive Systems Co., Ltd. acquirer TRIMET Aluminium SE partner

Sectors#Automotive Components

“Bohai signed an agreement to take over Trimet Aluminium SE's 75-percent stake in the company, the buyer said in a statement.”yicaiglobal.com

1 source
yicaiglobal.comBohai Auto to Take 75% Stake in German Lightweight Parts Maker TrimetTang ShihuaMar 29, 2018

Summarized from public sources; check the original articles before acting on it.

More from Trimet Automotive

Aug 8, 2018ACQUISITIONHarzgerode and Sömmerda, Germany
Bohai Automotive acquires 75% stake in TRIMET Automotive
Trimet Automotive target Bohai Automotive Systems Co., Ltd. acquirer auto.economictimes.indiatimes.com foundry-planet.com aluminium-journal.com
Aug 6, 2018ACQUISITIONGermany
Bohai Automotive acquires 75% stake in TRIMET Automotive Holding
Trimet Automotive target Bohai Automotive acquirer auto.ifeng.com
Dec 15, 2017ACQUISITIONGermany$72.5M
Bohai Automotive acquires 75% stake in German parts maker Trimet Automotive
Bohai Automotive Systems Co., Ltd.Trimet Automotive target yicaiglobal.com
Dec 15, 2017ACQUISITIONGermany$72.0M
Bohai Automotive to acquire 75% of TRIMET Automotive Holding
Trimet Automotive target TRIMET Aluminium SE partner paper.cnstock.com
Mar 30, 2017EXPANSIONHarzgerode, Saxony-Anhalt, Germany$54.0M100 jobsops 2019
Trimet to invest €50M in Harzgerode foundry expansion
Trimet Automotive Schlote partner goslarsche.de foundry-planet.com

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