# 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.

- Type: Acquisition
- Announced: 2018-03-29
- Where: Germany
- Value: $76.0M (61.5M EUR)
- Status: announced
- Products: lightweight alloy components for car engines, chassis and body parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/bohai-auto-to-take-75-stake-in-german-lightweight-parts-maker-trimet), 2018-03-29: "Bohai signed an agreement to take over Trimet Aluminium SE's 75-percent stake in the company, the buyer said in a statement."

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