Autoneum to acquire 70% stake in Jiangsu Huanyu Group for CHF 75M

Autoneum signed an agreement to acquire 70% of Jiangsu Huanyu Group, a Chinese automotive supplier of acoustic and thermal management components, for about CHF 75 million. The transaction is expected to close in March 2025.

“Today, Autoneum signed an agreement to acquire 70 percent of the shares of Jiangsu Huanyu Group, a leading automotive supplier for acoustic and thermal management in China.”autoneum.com

• 1 source
• autoneum.comAutoneum | Autoneum acquires majority shareholding in Chinese…Nov 19, 2024

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