1. Wanxiang Group acquires A123 for US government approval
In late January 2013, the request of Wanxiang Group, China’s largest parts and components company, to purchase assets of American battery manufacturer A123 was approved by the U.S. government a few days ago. This means that if the US is concerned about the transfer of sensitive technology and may obstruct the transaction, Wanxiang’s success Breakthrough.
On January 29, 2013, anonymous insiders disclosed to Reuters that the Committee of Foreign Investment in the United States (CFIUS) has agreed to purchase most of the assets left after the bankruptcy of A123 Systems.
Earlier, some senior members of the U.S. congressmen and retired military officials stated that the sale of A123 to Universal could result in the inflow of sensitive technology into China, and A123 had accepted U.S. government economic assistance. As a result, it tried to require U.S. agencies such as CFIUS to block the acquisition of A123.
Reuters believes that Wanxiang may have eliminated the doubts of CFIUS members about their investment history in the United States and has been able to obtain a green light at CFIUS.
According to a report from the U.S. Congress, Wanxiang Group's supply of parts to General Motors and Ford Motor Co., Ltd. can generate operating profit of US$1 billion; Wanxiang has acquired or invested more than 20 U.S. companies, most of which are in bankruptcy.
In the second half of this month, the Financial Times pointed out that Wanxiang was considering adopting a new strategy to acquire A123: it plans to create a new independent trust institution, which will acquire A123’s civilian business—currently, civil businesses occupy most of A123’s overall business. Share. After obtaining the permission of CFIUS, Wanxiang acquired A123 assets from the trust institution again.
2. Donghai Rubber Signs an Agreement to Acquire All Shares of Anvis
Japan's Tokai Rubber Industry Co., Ltd. signed a definitive agreement with Germany's Anvis Group on January 28. It will invest 132 million euros (US$178 million) in the purchase of the latter’s entire share capital.
Yoshiaki Nishimura, President of Tokai Rubber Co., Ltd., said: “The acquisition of Anvis Group represents an important step forward for East China Rubber, further strengthening our leading position in the global automotive shock-absorbing rubber industry. The combination of the two companies will enable us to have a global supply chain. The need for a more positive response."
Anvis Group is a manufacturer of automotive shock absorber systems with 13 factories in 9 countries and employs approximately 2,000 people. In the beginning of this month, Tokai Rubber and Anvis Group jointly established two joint venture companies in Mexico to jointly manufacture and operate automotive shock-absorbing rubber parts in the region.
3. India's Varroc Group acquires half of Daoshi Maowei Visteon held by Visteon
In early March, the Varroc Group of India acquired half of the shares of Visteon TYC AutoLamps held by Visteon, which is a joint venture between Visteon and Taiwan’s Twi West Transportation Industry Co., Ltd. Shares.
After this transaction, the name of the joint venture company will be changed to VarrocTYC Vehicle Lights Co., Ltd. Tweedy Communications will continue to hold the remaining 50% of the company's shares. The transaction price for the acquisition of the DaMao Visteon lighting shares was approximately US$20 million, including the company's factories and research and development centers in Changzhou and Chongqing.
In August of last year, Varroc Group acquired Visteon’s automotive lighting business for US$72 million and also established Varroc Lighting Systems. The Varroc Group’s latest acquisition of the automotive lighting business in China will become part of Varroc Lighting Systems’ business.
Headquartered in Aurangabad, India, Varroc Group is one of India's top three auto parts and subsystem manufacturers. It has 34 manufacturing plants and 6 R&D centers around the world. The total number of employees is close to 10,000. The main products include plastic molding modules, engine valves, machining forgings, exterior lighting and automotive electronics systems.
4, BASF acquires Ciech's partial toluene diisocyanate business
The BASF Group announced on March 12 that it had successfully acquired part of Ciech's toluene diisocyanate (TDI) business, but the transaction did not include the production plant of Ciech's Polish subsidiary Zachem.
Toluene diisocyanate is a key component of the polyurethane industry and is widely used in the automotive industry (such as seat cushions and upholstery equipment) and the furniture industry (such as mattress foams, cushions, or wood coatings).
BASF is a leading player in the polyurethane industry. It has toluene diisocyanate plants in Louisiana, Lishui, Korea, Shanghai, China, and Schwarzheide, Germany. In addition, the company’s new plant in Ludwigshafen, Germany will also be in 2014. Completed.
5. Federal-Mogul Powertrain Division sells some non-core businesses
In mid-March, Federal-Mogul announced that it had sold its Sintertech SAS business under the Powertrain Business Unit to TMC, but the two parties did not disclose the specific information of the transaction.
The Sintertech Business Unit develops, manufactures and markets powdered metal components for automotive and industrial equipment engines and transmissions, as well as powder metal filter elements for the chemical industry. The product brands include Sintertech, MetaframTM, Metagliss®, and Poral.
Federalist co-CEO and Powertrain Division CEO Arainer Jueckstock said: “The Sintertech business is well-known in Europe for its production of near-net-shape powder metal parts for a range of equipment in many industries. However, these businesses are not long-term in the Federal-Mogul Powertrain Business Unit. The core business of product portfolio strategy."
The Sintertech Business Unit has three manufacturing plants in France, which are located in Verevy-Voroize, Oloron and Pont deClaix, and employ more than 400 people.
6. MANN+HUMMEL completed the acquisition of half of Purolator’s shares to achieve full control
At the end of March, the German MANN+HUMMEL Group acquired a 50% stake in Purolator Filters NALLC held by Bosch Group and achieved full control of Purolator.
In April 2006, Bosch teamed up with MANN+HUMMEL to acquire the Purolator filter and its related businesses under the Meritor Group. The two parties then jointly formed a Purolator filter joint venture, each holding a 50% stake. In December last year, MANN+HUMMEL reached an agreement with Bosch to acquire half of Purolator's filter company.
Purolator Filters, headquartered in Fayetteville, North Carolina, employs approximately 1,000 people and develops, manufactures, and supplies filter products primarily for automotive OEMs and aftermarket customers.
After being acquired by Mannheimer, Purolator Filters will change its name to MANN+HUMMEL Purolator Filters. The headquarters will also be located in the former Fayetteville City of USA. The parties did not disclose the transaction. Amount.
7. Panasonic Automotive Electronic Systems acquires German Aupeo Corporation
In mid-April, Panasonic Automotive Electronics announced that it has acquired Aupeo Co., Ltd., which is headquartered in Germany, in order to improve its ability to provide cutting-edge technology and customer relationship tools for automotive customers.
Founded in 2008 and headquartered in Berlin, Germany, Aupeo is a provider of content and audio streaming service and technology platforms, and currently has access to streaming media services in more than 40 countries around the world.
"Providing interconnection services and mobile content delivery to attract users and differentiate products is critical for the automotive industry," said Tom Gebhardt, president of Panasonic Automotive Systems Americas Inc., "Aupeo's technology and content delivery platform. It is a solution that can perfect Panasonic Automotive's business-to-business and business-to-consumer product lines."
8. Harman International Acquires Israeli iOnRoad Technology Company
In April, Harman International acquired the Israeli-based iOnRoad Technology Corp., a developer of automotive security system software.
iOnRoad Technologies, headquartered in Tel Aviv, Israel, is a developer of advanced driver assistance systems (ADAS). Its products include the iOnRoad augmented reality driving application. The software does not require special hardware support. It can be used on Android, IOS, Windows. Run on Linux and other software platforms.
Harman International stated that the acquisition of iOnRoad Technology will consolidate its leading position in automotive infotainment systems and services and will accelerate the introduction of new driver assistance systems.
The guide wheel also includes a number of steady flow grooves; a number of steady flow slots are centered around the center of the impeller and set at the edge of the impeller with the side of the flow guide. Each steady flow slot is set between the two diversion channels, and the direction of the channel extension of each steady flow groove is the same as the extension direction of the channel body adjacent to the flow channel; the steady flow trough depends on it. The distance from the center of the impeller to the edge of the impeller is larger than the distance between the center of the impeller and the edge of the impeller.
1000Series Impeller And Diffuser
1000Series Impeller And Diffuser,Diffuser,Pump Impeller And Diffuser,Impeller Volute And Diffuser Interaction
Tianjin RongHeng Group LLC , http://www.wholesale-water-pump.com