Zhejiang Shuanghuan Driveline to acquire 81% of STP Group

Zhejiang Shuanghuan Driveline signed a letter of intent to purchase 81% of shares in STP Group (STP Schmiedetechnik Plettenberg) from VVP Vermögensverwaltung Plettenberg GmbH & Co. KG.

“Zhejiang Shuanghuan Driveline Co., Ltd. said on July 31, 2019, that it signed a letter of intent on share purchase from VVP Vermögensverwaltung Plettenberg GmbH & Co. KG.”marklines.com

• 1 source
• marklines.comZhejiang Shuanghuan Driveline to acquire 81% shares in STP Group of Germany - MarkLines Automotive Industry PortalAug 1, 2019

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