# BENTELER and FAW Faway to build auto parts joint venture in Tianjin

BENTELER and Changchun Faway Automobile Components Co., Ltd (a FAW Group subsidiary) signed an agreement on June 4, 2018 to build an automobile component joint venture in Tianjin, China, named Faway BENTELER Automotive Co.

- Type: Acquisition
- Announced: 2018-06-04
- Where: Tianjin, China, China
- Status: announced
- Products: automobile components, module assemblies, chassis components, battery storage systems, structural components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Benteler](https://endata.com/companies/27592.md) (partner)
- [Changchun Faway Automobile Components](https://endata.com/companies/32410.md) (partner)

## Sources

- [autonews.gasgoo.com](https://autonews.gasgoo.com/articles/news/benteler-faw-co-build-auto-parts-joint-venture-in-tianjin-70014730), 2018-06-06: "BENTELER and Changchun Faway Automobile Components Co.,Ltd (hereinafter, Faway), a holding subsidiary of China’s state-owned automaker FAW Group, signed an agreement on June 4 to build an automobile component joint venture in Tianjin."

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