# XCC-ZXZ Group acquires majority stake in WJB Automotive LLC

XCC-ZXZ Group, a global automotive parts manufacturer, has acquired a majority stake in WJB Automotive LLC, a North American hub and bearings business. The deal aims to drive growth and innovation, including the launch of the InMotion Automotive Parts brand.

- Type: Acquisition
- Announced: 2024-04-06
- Where: Los Angeles, California, United States
- Status: announced
- Products: hub and bearings, automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [XCC-ZXZ Group](https://endata.com/companies/76665.md) (acquirer)
- [WJB Automotive LLC](https://endata.com/companies/76666.md) (target)

## Sources

- [einpresswire.com](https://www.einpresswire.com/article/701504070/xcc-zxz-group-acquires-majority-stake-in-wjb-automotive-llc-fueling-future-growth-and-synergy), 2024-04-07: "This partnership not only strengthens WJB Automotive's financial position but also sets the stage for significant innovations and expansions in its operations and product offerings."

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