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Beijing auto parts industry M & A British Na Fabu Board
 

Beijing Automotive Group, in turn launch a cross-border mergers and acquisitions. Learned yesterday, the Beijing auto parts business segment's - Beijing Hainachuan Automotive AG plans to acquire Dutch English Law Group is satisfied. British Law Group is satisfied that the official website has confirmed the news, saying the transaction is to accept China's approval of the relevant government authorities.

    The two sides did not disclose the amount of the transaction and further details. Information, the British Law Group is satisfied that the development of the world's first electric sunroof of enterprises, including China, in 12 countries and regions have production base, more than 1,500 employees, and the establishment of the Asian regional headquarters in Shanghai. British law is satisfied customers virtually every major global car prices, in addition to BMW, Daimler, Ford, General Motors, Volkswagen, Citroen and other multinational companies, China's Chery, Geely also its client list. British CEO is satisfied that the law says Marseille Erxia Persia, the United Kingdom is satisfied that law, the company was Hainachuan acquisition is a milestone, "British law would be satisfied for more great Asian market opportunities."

    The acquisition of the British re-admittance method shows Beiqi bigger auto parts industry, improve automobile industry chain ambitions. Hainachuan its components as Beiqi investment company, established only three years, sales revenue has reached billions of dollars level, profitability is much higher than the vehicle's Beijing auto business. It is reported that Hainachuan its existing 28 enterprises, involved in automotive modular product, interior and exterior trim systems, seating systems, electronic systems, heat exchange systems, chassis and other six series, more than 20 domestic and foreign auto companies to provide supporting . In the last year, shares of companies listed Beiqi assets Hainachuan not good injection of several high-level Beijing Automotive said it would fight the Hainachuan an independent auto parts industry groups to achieve a single market.

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