NBHX to acquire stakes in Schlemmer entities

Ningbo Huaxiang Electronic Co., Ltd. (NBHX) plans to acquire 47.5% of Ningbo Schlemmer Automotive Parts Co., Ltd., 99.5% of Schlemmer Japan Co., Ltd., 100% of Schlemmer Korea Co., Ltd., and 10% of Schlemmer Automotive Singapore Pte Ltd.

“Ningbo Huaxiang Electronic Co., Ltd. (NBHX) plans to acquire 47.5%, 99.5%, 100%, and 10% of equity in Ningbo Schlemmer Automotive Parts Co., Ltd., Schlemmer Japan Co., Ltd., Schlemmer Korea Co., Ltd., and Schlemmer Automotive Singapore Pte Ltd., respectively.”marklines.com

• 1 source
• marklines.com[Gen-AI Analysis] NBHX to acquire 47.5% of equity in Ningbo Schlemmer - MarkLines Automotive Information & Gen-AI PlatformJul 2, 2024

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