Shanghai Bobang Automotive Technology

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20222023202420252026

Acquisition

Oct 27, 2022ACQUISITIONChina$5.00M
Knorr-Bremse invests in Chinese e-motor specialist Bobang for minority stake
Knorr-Bremse has signed investment and cooperation agreements with Chinese e-motor supplier Shanghai Bobang Automotive Technology, acquiring a minority stake of about 13% for a mid-single digit million euro amount. The transaction closed on October 19, 2022.
Knorr-Bremse investor Shanghai Bobang Automotive Technology target #Automotive Components newsroom.knorr-bremse.com

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