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Webasto acquires joint venture partner Donghee's shares in Webasto Donghee · Endata

◂ Announcements

Apr 10, 2019ACQUISITIONUlsan, South Korea, South Korea

Webasto acquires joint venture partner Donghee's shares in Webasto Donghee

Webasto Group bought the shares of its joint venture partner Donghee, making Webasto Donghee a wholly owned subsidiary. The acquisition is the largest in Webasto's history.

Status

Announced

Productspanorama roofsroof systemsbattery systemscharging solutionselectrical heating systems

CompaniesWebasto acquirer Donghee target Webasto Donghee target

Sectors#Automotive Components

“This investment is an important step in strengthening our position as a systems partner to the automotive industry in the growth market of Asia.”automotiveworld.com

1 source
automotiveworld.comWebasto buys shares from South Korean joint venture partner | Automotive WorldEmma GeorgiadesApr 10, 2019

Summarized from public sources; check the original articles before acting on it.

More from Webasto

Nov 11, 2020CONTRACTPlymouth, Michigan, United States
Webasto supplies retractable hardtop for 2020 Corvette convertible
General Motors customer Webasto supplier autotechinsight.spglobal.com
Sep 11, 2019NEW FACILITYWuhan, Hubei Province, China$55.0M
Webasto opens new EUR50m roof systems and e-mobility plant in Wuhan, China
Webasto just-auto.com
Aug 20, 2019NEW FACILITYIrapuato, Mexico, Mexico$28.0Mops 20 Aug 2019
Webasto opens new sunroof plant in Irapuato, Mexico
Webasto autotechinsight.spglobal.com
Aug 20, 2019EXPANSIONIrapuato, Guanajuato, Mexico$28.0M120 jobsops Jul 2019
Webasto opens new $28M plant in Irapuato, Mexico
Webasto prnewswire.com
Oct 23, 2017EXPANSIONPuebla, Mexico$2.94Mops 18 Oct 2017
Webasto expands convertible roofs plant in Puebla, Mexico
Webasto just-auto.com
Sep 20, 2017NEW FACILITYWuhan, Hubei province, China$45.8Mops 2021
Webasto begins construction of new sunroof plant in Wuhan, China
Webasto chinadaily.com.cn

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