News
German MMG's Shares to be 100% Acquired by Taiwanese SUMEEKO by July 2023
Add to my favorite
2022-11-18
SUMEEKO announced on November/16/2022 that it is to acquire the other 49% shares of Max Mothes GmbH (MMG), a subsidiary of CS Beteiligungs GmbH, for 6.24 million euros in cash. The process is expected to be completed in July 2023 and after that MMG will be fully owned by SUMEEKO.
Through an adjustment period of 2.5 years, MMG is back on track with profits gained last year thanks to orders from European carmakers. Previously, SUMEEKO acquired 51% shares of MMG (a Tier 1 supplier for German automakers) for 6.5 million euros, which was completed in July 2018.
By fully acquiring MMG shares, SUMEEKO can tap into the supply chains of Ford, Benz, BMA, Volkswagen, Bosch and Siemens.
世德
汽車扣件
併購
MMG
股權
Sumeeko
automotive fasteners
acquisition
shares
扣件
國際展會
惠達雜誌
匯達實業
外銷媒合
廣告刊登
螺絲五金
五金工具
紧固件
台灣扣件展
印度新德里螺絲展
越南河內螺絲展
墨西哥瓜達拉哈拉螺絲展
美國拉斯維加斯螺絲暨機械設備展
波蘭克拉科夫螺絲展
義大利米蘭螺絲展
德國司徒加特螺絲展
wire Dusseldorf
FASTENER FAIR INDIA
FASTENER FAIR VIETNAM
FASTENER FAIR MEXICO
FASTENER POLAND
FASTENER FAIR ITALY
FASTENER FAIR GLOBAL
FASTENER WORLD
READ NEXT
Subscribe
