# AAPICO Hitech acquires remaining 22.9% stake in Sakthi Portugal

AAPICO Hitech Public Company Limited acquired a 22.9% stake in Sakthi Portugal, S.A. from Oxy Capital for €24.5 million on November 20, 2019, increasing its ownership to 100%.

- Type: Acquisition
- Announced: 2019-11-20
- Where: Portugal
- Value: $27.0M (24.5M EUR)
- Status: completed
- Products: auto components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Oxy Capital](https://endata.com/companies/3942.md) (partner)
- [AAPICO Hitech](https://endata.com/companies/43388.md) (acquirer)
- [Sakthi Portugal](https://endata.com/companies/43389.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/AAPICO-HITECH-6495605/news/AAPICO-Hitech-Public-Company-Limited-SET-AH-acquired-22-9-stake-in-Sakthi-Portugal-S-A-from-Oxy-34067656/), 2019-11-19: "AAPICO Hitech Public Company Limited (SET:AH) acquired 22.9% stake in Sakthi Portugal, S.A. from Oxy Capital - Sociedade de Capital de Risco SA for €24.5 million on November 20, 2019."

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