# Bohai Automotive subsidiary to acquire 25% stake in BTAH for EUR 26.31 million

Bohai Automotive's subsidiary Bohai International will acquire a 25% stake in BTAH from TASE for EUR 26.31 million, making BTAH a wholly owned subsidiary. The deal was approved by the board on January 26, 2022, and requires government approval.

- Type: Acquisition
- Announced: 2022-01-26
- Value: $29.5M (26.3M EUR)
- Status: announced
- Products: lightweight aluminum automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Bohai Automotive](https://endata.com/companies/33621.md)
- [Bohai International](https://endata.com/companies/60593.md) (acquirer)
- [BTAH](https://endata.com/companies/60594.md) (target)
- [TASE](https://endata.com/companies/60595.md) (partner)

## Sources

- [zhitongcaijing.com](https://www.zhitongcaijing.com/content/detail/649123.html), 2022-01-26: "此次股权收购价格为2631万欧元，本次交易完成后，BTAH将成为渤海国际的全资子公司。"

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