# Groupe PSA acquires shares in Chinese distributor UAP Auto Union

Groupe PSA acquired shares in UAP Auto Union, a leading automotive spare parts distributor in the Shandong region of China. The deal is a first step toward a stronger participation.

- Type: Acquisition
- Announced: 2018-11-28
- Where: Shandong region, China
- Status: announced
- Products: automotive spare parts distribution
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Groupe PSA](https://endata.com/companies/718.md) (acquirer)
- [UAP Auto Union](https://endata.com/companies/35749.md) (target)

## Sources

- [media.stellantis.com](https://www.media.stellantis.com/em-en/psa-archive/press/groupe-psa-acquires-shares-in-uap-auto-union-uap-a-chinese-automotive-spare-parts-distributor), 2018-11-28: "Our multi-brand aftermarket strategy, one of the pillars of the Push to Pass strategic plan, aims to meet the needs of all after-sales customers around the world."

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