According to a comprehensive foreign news report, China Aviation Industry Corporation is preparing to participate in the bidding for Henniges Automotive Holdings Inc., a US auto parts manufacturer, for a quote of $1 billion. casting company,diecast company,precision casting corp,industrial die casting Shenzhen Kangneng Fusheng Die Casting Products Co., Ltd. , https://www.kesdiecast.com
People familiar with the matter disclosed that China Aviation intends to acquire Henniges' assets for US$1 billion. There are also other Asian companies that have the intention to acquire Henniges, but the names of other Asian companies are not given. Currently, Henniges is controlled by Connecticut's private equity firm Littlejohn & Co., which has launched a large-scale acquisition in the United States. In 2011, the company acquired a controlling stake in Nexteer Automotive Group Ltd. from General Motors.
Henniges has more than 6,500 employees in North America, Europe and China. Its products include seals, anti-vibration systems, rubber components and other Chinese subsidiaries including Shanghai Volkswagen and FAW.
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