Brose and HASCO extend joint venture agreement for 25 years

Brose and HASCO signed an agreement to extend their joint venture Shanghai Brose Automotive Components for another 25 years, maintaining the 60/40 equity split. The JV will develop R&D capabilities for electric tailgate struts and cooling fan assemblies.

“The renewed collaboration between Brose and HASCO maintains the original equity distribution of 60% and 40%, lasting for 25 years.”autonews.gasgoo.com

• 1 source
• autonews.gasgoo.comBrose, HASCO ink agreement for extended cooperation on joint venture | GasgooMonikaDec 12, 2023

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