# Fuyao Glass Europe to acquire SAM Automotive Production GmbH for EUR 58.83 million

Fuyao Glass Europe Industry Co., Ltd., a wholly owned subsidiary of Fuyao Glass Industry Group, agreed to acquire the assets of bankrupt SAM Automotive Production GmbH for EUR 58.83 million.

- Type: Acquisition
- Announced: 2019-01-15
- Where: Landkreis Göppingen, Baden-Württemberg, Germany
- Value: $67.0M (58.8M EUR)
- Status: announced
- Products: automotive glass
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Fuyao Glass Europe Industry Co., Ltd.](https://endata.com/companies/36707.md) (acquirer)
- [SAM Automotive Production GmbH](https://endata.com/companies/36708.md) (target)

## Sources

- [marklines.com](https://www.marklines.com/en/news/222135), 2019-01-15: "Fuyao Glass Industry Group Co., Ltd. announced that its wholly owned subsidiary, Fuyao Glass Europe Industry Co., Ltd., agreed to acquire the assets of SAM Automotive Production GmbH (SAM) with Dr HolgerLeichtle, the legal assignee in bankruptcy for SAM."

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