Hainanchuan Binzhou Lightweight Automotive Parts, a subsidiary of Bohai Automotive Systems, won a contract to supply aluminum parts for vehicles made by Beijing Benz Automotive, a joint venture between Daimler and BAIC Motor.
Bohai Automotive Systems Co., Ltd. completed the acquisition of a 75% stake in TRIMET Automotive Holding GmbH from TRIMET Aluminium SE, with TRIMET retaining 25%.
Bohai Automotive Systems Co. plans to invest EUR61.5 million to acquire a 75% stake in Trimet Automotive Holding GmbH from Trimet Aluminium SE. The deal is aimed at expanding Bohai's presence in the lightweight parts market.
Bohai Automotive Systems Co. plans to spend EUR 61.5 million to acquire a 75% stake in Trimet Automotive Holding GmbH, a German manufacturer of lightweight aluminum alloy parts, from Trimet Aluminium SE. The acquisition aims to expand Bohai's presence in the new-energy vehicle sector.