Wirthwein acquires full ownership of Shenyang Wirthwein Technology joint venture

Wirthwein AG acquired the remaining 50% stake in Shenyang Wirthwein Technology Co., Ltd. from its Chinese partner CAIP, effective December 1, 2020, making it a wholly-owned subsidiary.

“Wirthwein hat sich nun entschlossen, kurzfristig - mit Wirkung vom 01.12.2020 – 100 Prozent zu erwerben.”wirthwein.de

• 2 sources
• wirthwein.deWirthwein erwirbt 100 Prozent an chinesischem Joint VentureJan 11, 2021
• k-online.comWIRTHWEIN: German auto supplier assumes full control of Chinese JV / Higher capacity utilisation with follow-on ordersJan 15, 2021

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