# FIT Hon Teng to acquire PRETTL SWH group

FIT Hon Teng Limited has entered into a share purchase agreement to acquire PRETTL SWH group, which will become wholly owned by FIT. PRETTL SWH group specializes in automotive sensor harnesses and connectivity solutions for EVs.

- Type: Acquisition
- Announced: 2023-01-02
- Where: Pfullingen, Germany, Germany
- Status: announced
- Products: automotive sensor harnesses, connectivity solutions, electrification solutions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [FIT Hon Teng](https://endata.com/companies/34488.md) (acquirer)
- [PRETTL SWH group](https://endata.com/companies/67629.md) (target)

## Sources

- [automotiveworld.com](https://www.automotiveworld.com/news/fit-hong-teng-enters-into-spa-to-acquire-prettl-swh-group-further-expanding-its-ev-mobility-solutions/), 2023-01-02: "Following the acquisition, PRETTL SWH group will be wholly owned by FIT."
- [evertiq.com](https://evertiq.com/news/53091), 2023-01-04: "FIT Hon Teng Limited has entered into SPA to acquire PRETTL SWH group, expanding its core capabilities in EV components and extending its mobility 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.
