Haowu Group to take 50% non-controlling stake in FEUER powertrain

Chinese Haowu Group agreed to take a strategic, non-controlling 50% stake in crankshaft maker FEUER powertrain, with put and call options and a basic agreement to form a China joint venture for high-end crankshafts.

“Die Transaktionsstruktur umfasst dabei eine strategische, jedoch nicht kontrollierende, 50% Beteiligung durch Haowu an der FPT”argonas.de

• 1 source
• argonas.deFEUER powertrain | ARGONASJan 9, 2023

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