# 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.

- Type: Acquisition
- Announced: 2025-02-28
- Where: China
- Status: completed
- Products: lightweight automotive components, carpets, dashboards, headliners, trim, insulation
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Autoneum](https://endata.com/companies/15064.md) (acquirer)
- [Jiangsu Huanyu Group](https://endata.com/companies/81142.md) (target)

## Sources

- [autoneum.com](https://autoneum.com/news/acquisition-of-majority-shareholding-in-jiangsu-huanyu-group-by-autoneum-successfully-completed), 2025-02-28: "Jiangsu Huanyu Group achieves over 90 percent of its revenue with Chinese customers, making it an excellent strategic fit for Autoneum."
- [texdata.com](https://www.texdata.com/news/Nonwovens-TechnicalTextiles/21422.html), 2025-03-06: "The acquisition of a majority stake of 70 percent in the Chinese automotive supplier Jiangsu Huanyu Group, which was announced in November 2024, was completed with effect from February 28, 2025, following approval by the authorities."

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