Ningbo auto parts supplier expands its international reach with acquisition

Ningbo Huaxiang Electronic Company (Ningbo Huaxiang) has acquired Germany-based auto parts supplier Sellner Group for approximately Rmb186 million (US$29.3…

1 minute readDecember 06, 2011 at 11:58 PM

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Ningbo Huaxiang Electronic Company (Ningbo Huaxiang) has acquired Germany-based auto parts supplier Sellner Group for approximately Rmb186 million (US$29.3 million). The target went into insolvency earlier this year.

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