盛帮股份拟向WOCO集团现金收购无锡沃可60%股权 实现合资经营

Core Viewpoint - The company, Shengbang Co., has signed a framework agreement to acquire a 60% stake in Wuxi Woco Engine Noise Reduction Components Co., Ltd. from WOCO Group, enhancing its position in the automotive sector through strategic product complementarity [1][2]. Group 1: Acquisition Details - Shengbang Co. will acquire a 60% stake in Wuxi Woco for cash, with the transaction framework established with WOCO Group, a global family-owned enterprise based in Germany [1]. - Post-acquisition, Wuxi Woco will become a Sino-foreign joint venture with independent legal status under Chinese law, with a name that includes "Shengbang Woco" or "Woco Shengbang" [1]. Group 2: Product and Market Synergy - Both companies operate in the automotive sector, with Shengbang's products focused on engines, transmissions, axles, and new energy vehicle components, while Woco's products include key interior and exterior plastic components, engines, and electric drive assemblies, creating significant product complementarity [2]. - The customer bases of both companies differ, with Woco having a strong presence among European and North American OEMs, while Shengbang has a solid foundation in domestic mainstream brands, allowing for enhanced customer engagement and potential rapid performance improvement post-acquisition [2].