# Hailiang Group acquires brass and copper tube business of KME Group

Chinese Hailiang Group agreed to acquire the European brass and copper tube business from KME Germany GmbH & Co. KG, marking its entry into the European market. The transaction includes divisions in Germany, Italy, Spain, and a put option for the French brass business.

- Type: Acquisition
- Announced: 2019-02-20
- Where: Germany, Italy, Spain, Germany
- Status: announced
- Products: brass and copper semi-finished products, copper tubes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [KME Group](https://endata.com/companies/11552.md) (target)
- [Zhejiang Hailiang Co., Ltd.](https://endata.com/companies/37461.md) (acquirer)
- [KME Germany GmbH & Co. KG](https://endata.com/companies/37462.md) (target)
- [Intek Group S.p.A.](https://endata.com/companies/37463.md) (partner)

## Sources

- [noerr.com](https://www.noerr.com/en/press/noerr-advises-chinese-hailiang-group-on-acquisition-of-brass-and-copper-divisions-of-kme-group), 2019-02-20: "With this acquisition, Hailiang Group is represented in Europe for the first time."

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