Workflow
立讯精密完成收购Leoni AG及Leoni K股份,顺利拓展汽车电缆和线束业务

Core Viewpoint - Luxshare Precision Industry Co., Ltd. has successfully completed the acquisition of 50.1% equity in Leoni AG and 100% equity in its wholly-owned subsidiary Leoni Kabel GmbH, enhancing its competitiveness in the global automotive cable and wiring harness market [3][4]. Group 1 - The acquisition was approved by Luxshare on September 13, 2024, and all necessary regulatory approvals for the transaction have been obtained as of July 10 [3]. - The payment for the acquisition was fully made through Singapore, with ownership transfer documents received for both Leoni AG and Leoni K [4]. - The delivery of the Wiring System (Pune) Private Limited, a subsidiary in India, is pending due to incomplete foreign investment approval, and its transfer will be addressed separately once the approval is obtained [4].