Mutares acquires Innomotive Systems Hainichen from Chinese state-controlled enterprise

Mutares SE & Co. KGaA signed an agreement to acquire Innomotive Systems Hainichen GmbH, a manufacturer of automotive door hinges, from a Chinese state-controlled enterprise. The company has revenues of approximately EUR 120 million and closing is expected in Q4 2021.

“Innomotive Systems Hainichen offers numerous synergies within the existing portfolio, especially with KICO, bringing the companies to become a truly world-wide provider of car components.”mutares.com

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• mutares.comNinth buy-side transaction in 2021: Mutares acquires Innomotive Systems Hainichen GmbH from a Chinese state-controlled enterprise - Mutares SE & Co. KGaAWordPress ServiceAug 16, 2021

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