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Highway Holdings Completes Acquisition of 51% of Regent-Feinbau Adermann GmbH
Prnewswire· 2026-03-05 12:00
Core Viewpoint - Highway Holdings Limited has successfully completed the acquisition of 51% of Regent-Feinbau Adermann GmbH for €662,000, which is expected to enhance manufacturing growth opportunities in the automotive and aviation sectors [1] Acquisition Details - The acquisition was finalized on February 28, 2026, with €612,000 paid in cash and €50,000 through the issuance of 64,851 common shares [1] - The shares issued to LeMALe are restricted from being sold or transferred until after March 31, 2027 [1] Company Background - Regent-Feinbau, founded in 1949, specializes in precision sheet metal components and welded assemblies, holding certifications such as IATF 16949, ISO 9001, and ISO 14001 [1] - The company serves OEMs and Tier 1 suppliers in the automotive, commercial vehicle, aerospace, and industrial sectors [1] Strategic Importance - The acquisition is seen as a significant step for Highway Holdings to diversify its manufacturing capabilities and enhance shareholder value [1] - Regent-Feinbau has shown profitability over the last three years, with average annual sales of approximately US$2.7 million, indicating strong growth potential [1] Leadership and Future Growth - Matthias Bauer will continue as Managing Director of Regent-Feinbau, bringing valuable relationships with leading German automotive companies [1] - The partnership is expected to leverage Highway Holdings' international footprint and supply chain to enhance Regent's growth prospects [2] Market Context - The current industrial situation in Germany presents challenges but also opportunities for Regent, as many suppliers are under pressure [2] - The acquisition is anticipated to strengthen Regent's tooling and engineering operations, facilitating new projects and cost advantages [2]