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Autoneum completes acquisition of 70% stake in Jiangsu Huanyu Group · Endata

◂ Announcements

Feb 28, 2025ACQUISITIONChina

Autoneum completes acquisition of 70% stake in Jiangsu Huanyu Group

Autoneum completed the acquisition of a 70% majority stake in Chinese automotive supplier Jiangsu Huanyu Group, effective February 28, 2025, after receiving regulatory approvals. The deal was announced in November 2024.

Status

Completed

Productslightweight automotive componentscarpetsdashboardsheadlinerstriminsulation

CompaniesAutoneum acquirer Jiangsu Huanyu Group target

Sectors#Automotive Components

“Jiangsu Huanyu Group achieves over 90 percent of its revenue with Chinese customers, making it an excellent strategic fit for Autoneum.”autoneum.com

2 sources
autoneum.comAutoneum | Acquisition of majority shareholding in Jiangsu Huanyu…Feb 28, 2025
texdata.comTexData International - all significant news along the textile value chainTexData InternationalMar 6, 2025

Summarized from public sources; check the original articles before acting on it.

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