# Shanghai Baolong Automotive acquires 55% stake in Huf Baolong JV

Shanghai Baolong Automotive Corporation acquired a 55% stake in the joint venture Huf Baolong, which manufactures tire pressure monitoring systems, from Huf Hulsbeck & Furst GmbH & Co. KG. The acquisition was announced on January 15, 2019.

- Type: Acquisition
- Announced: 2019-01-01
- Where: China
- Status: completed
- Products: tire pressure monitoring systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Shanghai Baolong Automotive Corporation](https://endata.com/companies/25837.md) (acquirer)
- [Shanghai Baolong Automotive Corporation](https://endata.com/companies/25837.md) (partner)
- [Huf Hülsbeck & Fürst GmbH & Co. KG](https://endata.com/companies/35532.md) (target)
- [Huf Hülsbeck & Fürst](https://endata.com/companies/37515.md) (partner)

## Sources

- [marklines.com](https://www.marklines.com/en/news/222194), 2019-01-17: "Shanghai Baolong Automotive Corporation agreed with Huf Hulsbeck & Furst GmbH & Co. KG of Germany on the establishment of a joint manufacturer of tire pressure monitoring systems (TPMSs), but on January 15, 2019 (in German time), the Chinese company acquires 55% shares in the joint company, Huf Baol"
- [tyrepress.com](https://www.tyrepress.com/2019/02/baolong-and-huf-launch-bh-sens-tpms-joint-venture/), 2019-02-21: "The combination of Huf and Baolong in TPMS will create the market's new number three across three continents"

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