# Lear Mauritius to acquire 49% stake in Jinbei Adient Automotive Parts

Jinbei Automobile's subsidiary Shenyang Jinchen Automotive Technology Development has signed a contract to sell 49% of Shenyang Jinbei Adient Automotive Parts to Lear Mauritius for RMB 264 million. The transaction has passed state-owned asset approval but is pending antitrust clearance and other procedures.

- Type: Acquisition
- Announced: 2021-09-02
- Where: Shenyang, China, China
- Value: $40.8M (264.0M CNY)
- Status: announced
- Products: automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Jinbei Automobile](https://endata.com/companies/54407.md) (partner)
- [Lear Mauritius](https://endata.com/companies/57478.md) (acquirer)
- [Shenyang Jinchen Automotive Technology Development](https://endata.com/companies/57479.md) (partner)
- [Shenyang Jinbei Adient Automotive Parts](https://endata.com/companies/57480.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/553227.html), 2021-09-02: "2021年9月2日，公司与李尔毛里求斯签署《股权转让合同书》，转让价格为人民币2.64亿元。"

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