# Mengtai Group acquires 100% of German apt Group

Inner Mongolia Mengtai Group acquired 100% equity of German apt Group, a European aluminum alloy producer and processor, becoming the controlling shareholder.

- Type: Acquisition
- Announced: 2020-06-22
- Where: Germany
- Status: completed
- Products: aluminum alloy profiles, aluminum deep processing
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [apt Group](https://endata.com/companies/47845.md) (target)
- [Mengtai Group](https://endata.com/companies/48037.md) (acquirer)

## Sources

- [cnmn.com.cn](https://www.cnmn.com.cn/ShowNews1.aspx?id=421017), 2020-06-22: "蒙泰集团成功收购德国apt集团100%股权，成为apt集团控股股东。"

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