# 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.

- Type: Acquisition
- Announced: 2019-09-30
- Where: Taoyuan, TWN
- Value: $116.0M (3.60B TWD)
- Status: announced
- Products: transmission parts, gearboxes, torque converters
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Global PMX Co](https://endata.com/companies/42424.md) (acquirer)
- [Sixxon Precision Machinery Co Ltd](https://endata.com/companies/42425.md) (target)

## Sources

- [taipeitimes.com](https://www.taipeitimes.com/News/biz/archives/2019/10/01/2003723166), 2019-09-30: "The acquisition will help us expand into transmission parts for hybrid and electric vehicles, as the products of the two companies are complementary."

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