# Nobo Automotive acquires Motus Headliner GmbH for EUR 16 million

Nobo Automotive, a wholly owned subsidiary of Great Wall Motor, acquired 100% of Motus Headliner GmbH, a German automotive parts supplier, for EUR 16 million. The acquisition was completed on September 11, 2020.

- Type: Acquisition
- Announced: 2020-09-11
- Where: Germany
- Value: $18.9M (16.0M EUR)
- Status: completed
- Products: automotive interior parts, headliners, armrests, trim parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Great Wall Motor](https://endata.com/companies/25506.md) (investor)
- [Nobo Automotive](https://endata.com/companies/49954.md) (acquirer)
- [Motus Headliner GmbH](https://endata.com/companies/49955.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/337712.html), 2020-09-16: "本次交易为100%的股权收购，总投资金额为1600万欧元。"

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