Announced
Completed
Synopsis
Ningbo Jifeng, an auto supplier, completed the acquisition of The Grammer Group, a German-based manufacturer of components and systems for automotive interiors, for $893m. "With this acquisition, we are confident of improving our position in the Northern American market substantially and, thus, of gaining even better access to American customers. At the same time, it will allow us to expand our technological skills and product range. Both of these measures will open up further growth potential for us in the United States and Asia," Hartmut Müller, Grammer Chief Executive Officer.
Principals
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.