Loading…
China Zhongwang (01333) announced a contract with Jaguar Land Rover to become a Tier 1 supplier of aluminum extrusion products for Jaguar Land Rover's UK factories. This is the first cooperation between the two companies.
China Zhongwang Holdings Ltd. announced it will acquire a 99% equity interest in Aluminiumwerk Unna AG (ALUnna), a German producer of extruded aluminum tubes, through its German subsidiary. The acquisition supports Zhongwang's international expansion.
Zhongwang Aluminum Deutschland GmbH, a subsidiary of China Zhongwang Holding, acquired Aluminiumwerk Unna AG, a German manufacturer of aluminum alloy tubes, through a capital increase and share acquisition.