# Visteon completes three joint ventures and acquisitions in China

Visteon completed three joint ventures and acquisitions in China: co-financing with SAIC for Yanfeng Visteon Automotive Electronics, acquiring Jiangsu Tianbao Technology and reorganizing it as Jiangsu Tianbao Automotive Electronics, and acquiring 51.85% of Excelsior Instrument to form Yanfeng Visteon Cheer East Automotive Instrument, and forming Visteon TYC Lamp with Taiwan Embankment West Transport Industry.

- Type: Acquisition
- Announced: 2023-08-22
- Where: China, China
- Status: completed
- Products: car audio, electronic components, automobile instruments, automotive lighting
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [SAIC](https://endata.com/companies/19915.md) (partner)
- [Visteon](https://endata.com/companies/45918.md) (acquirer)
- [Jiangsu Tianbao Technology](https://endata.com/companies/72189.md) (target)
- [Excelsior Instrument](https://endata.com/companies/72190.md) (target)
- [Taiwan Embankment West Transport Industry](https://endata.com/companies/72191.md) (partner)

## Sources

- [jinwoparts.com](https://www.jinwoparts.com/news/auto-parts-industry-to-speed-up-the-beach-in-c-70314923.html), 2023-08-22: "The three mergers and acquisitions once again proved that Visteon has been in Asia Pacific"

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