Global PMX to acquire Sixxon Precision Machinery

Global PMX plans to acquire 100% of Sixxon Precision Machinery through a share swap valued at approximately NT$3.6 billion, to expand into transmission parts for hybrid and electric vehicles.

“The acquisition will help us expand into transmission parts for hybrid and electric vehicles, as the products of the two companies are complementary.”taipeitimes.com

• 1 source
• taipeitimes.comGlobal PMX seeking all of Sixxon’s shares - Taipei TimesSep 30, 2019

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