# Leoni AG signs agreement to sell Automotive Cable Solutions to Stark Corporation

Leoni AG signed an agreement to sell its Business Group Automotive Cable Solutions to Stark Corporation Public Company Limited for an enterprise value of €560 million.

- Type: Acquisition
- Announced: 2022-05-23
- Where: Germany
- Status: announced
- Products: automotive cable solutions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Leoni](https://endata.com/companies/23490.md) (target)
- [Stark Corporation Public Company Limited](https://endata.com/companies/62998.md) (acquirer)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/ad-hoc/leoni-ag-signs-agreement-with-stark-corporation-public-company-limited-on-sale-of-the-business-group-automotive-cable-solutions-belonging-to-the-wire-cable-solutions-wcs-division/86476a8a-a377-4478-8c8f-ed2d8d9092c6_en), 2022-05-23: "Leoni AG today signed an agreement with Stark Corporation Public Company Limited, a wire and cable supplier headquartered in Bangkok, on the sale of the Business Group Automotive Cable Solutions."

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