# 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.

- Type: Acquisition
- Announced: 2024-07-02
- Status: announced
- Products: automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ningbo Huaxiang Electronic](https://endata.com/companies/59163.md) (acquirer)
- [Ningbo Schlemmer Automotive Parts](https://endata.com/companies/78383.md) (target)
- [Schlemmer Japan](https://endata.com/companies/78384.md) (target)
- [Schlemmer Korea](https://endata.com/companies/78385.md) (target)
- [Schlemmer Automotive Singapore](https://endata.com/companies/78386.md) (target)

## Sources

- [marklines.com](https://www.marklines.com/en/news/310526), 2024-07-02: "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."

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