# Fawer Automotive Parts acquires ABC Umformtechnik

Chinese automotive supplier Fawer Automotive Parts is acquiring ABC Umformtechnik, a German market leader in wheel bolts, from Altenloh Brinck & Co. The transaction is subject to regulatory approvals from Germany and China.

- Type: Acquisition
- Announced: 2020-08-01
- Where: Gevelsberg, Germany, Germany
- Jobs: 320
- Status: announced
- Products: wheel bolts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Fawer Automotive Parts](https://endata.com/companies/3391.md) (acquirer)
- [ABC Umformtechnik](https://endata.com/companies/49328.md) (target)
- [Altenloh Brinck & Co.](https://endata.com/companies/49329.md) (partner)

## Sources

- [lto.de](https://www.lto.de/recht/kanzleien-unternehmen/k/king-wood-mallesons-goerg-fawer-uebernahme-abc-umformtechnik-altenloh-brinck), 2020-08-21: "Der chinesische Automobilzulieferer Fawer übernimmt ABC Umformtechnik."
- [lincolninternational.com](https://www.lincolninternational.com/transactions/altenloh-brinck-co-has-sold-abc-umformtechnik-to-fawer-automotive-parts-ltd-co-of-china/), 2020-12-31: "The acquisition of ABC Umformtechnik is the first cross-border mergers and acquisitions (M&A) deal for FAWER."

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