# Rheinmetall to fully acquire Pierburg Mikuni Pump Technology joint ventures in China and Japan

Rheinmetall plans to acquire the 49% stake held by Mikuni Corporation in two joint ventures, Pierburg Mikuni Pump Technology in Japan and China, to take full ownership. The share transfer is expected to take effect on December 31, 2021.

- Type: Acquisition
- Announced: 2021-12-08
- Where: Odawara, Japan; Shanghai, China, Japan
- Status: announced
- Products: coolant pumps
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Rheinmetall](https://endata.com/companies/2541.md) (acquirer)
- [Mikuni Corporation](https://endata.com/companies/59525.md) (target)

## Sources

- [rheinmetall.com](https://www.rheinmetall.com/en/media/news-watch/news/2021/2021-12-08_takeover-of-majority-joint-ventures-planned), 2021-12-08: "Rheinmetall AG wants to acquire the 49% share in both companies held by its partner, the Mikuni Corporation of Tokyo."

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