Asia-Pacific Technology (002540.SZ) plans to acquire ALUnited, which specializes in the research and development and manufacture of key safety components for passenger vehicles.
Zhijing Finance APP news, APTechnologies (002540.SZ) announced that the company plans to acquire 100% equity of French company Alunited France SAS and Danish company Alunited Denmark A/S through its wholly-owned subsidiary APTechnologies (Hong Kong) Development Limited (referred to as "APTea Hong Kong") with 1.533 million euros in cash. After the completion of the equity acquisition, APTea Hong Kong will increase its capital by 1.467 million euros for production and operation of the target companies, with the funds coming from the company's own funds or self-raised funds. After this transaction is completed, the company will hold 100% equity of Alunited France SAS and Alunited Denmark A/S through APTea Hong Kong.
Latest