# Beijing WKW Automotive Parts and partners acquire 50% stake in Marlok Automotive

Beijing WKW Automotive Parts Co., Ltd. and two strategic partners completed the acquisition of a 50% stake in Marlok Automotive GmbH for €0.7 million on September 10, 2020.

- Type: Acquisition
- Announced: 2020-09-10
- Where: Germany
- Value: $826K (700K EUR)
- Status: completed
- Products: automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Beijing WKW Automotive Parts](https://endata.com/companies/24031.md) (acquirer)
- [Marlok Automotive GmbH](https://endata.com/companies/41964.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/BEIJING-FENGJING-AUTOMOTI-11987615/news/Beijing-WKW-Automotive-Parts-Co-Ltd-and-two-other-strategic-partners-completed-the-acquisition-of-33705535/), 2020-09-09: "Siegfried Marlok will continue to be Managing Director of Marlok Automotive and will drive the integration of both companies."

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