# Yanfeng to acquire Adient Asia's 49.99% stake in YFAS joint venture

Yanfeng entered into an agreement on 3 December 2021 to acquire Adient Asia's 49.99% share in the Yanfeng Adient Seating Co., Ltd (YFAS) joint venture in China, giving Yanfeng full ownership.

- Type: Acquisition
- Announced: 2021-12-03
- Where: China
- Status: announced
- Products: automotive seating
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Yanfeng Group](https://endata.com/companies/16134.md) (acquirer)
- [Adient Asia](https://endata.com/companies/53681.md) (partner)
- [Yanfeng Adient Seating Co., Ltd.](https://endata.com/companies/58029.md) (target)

## Sources

- [autotechinsight.ihsmarkit.com](https://autotechinsight.ihsmarkit.com/news/5263610/yanfeng-enters-into-agreement-to-acquire-adient-asias-4999-share-), 2021-12-10: "Yanfeng entered into an agreement with Adient to acquire Adient Asia’s 49.99% share in the Yanfeng Adient Seating Co, Ltd (YFAS) joint venture in China"

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