Autoneum takes over Jiangsu Huanyu Group

Autoneum Swiss acoustics giant buys Chinese supplier

2024-12-12 From Henrik Bork | Translated by AI 3 min Reading Time

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While German suppliers are still pondering, Swiss Autoneum takes action and acquires a majority stake in Jiangsu Huanyu. The deal opens doors to China's e-car stars like BYD.

The supplier Autoneum has acquired a stake in a Chinese company.(Image: Autoneum) — The supplier Autoneum has acquired a stake in a Chinese company.
(Image: Autoneum)

Many suppliers in the automotive industry are currently grappling with the question of how they can remain competitive in the face of the qualitative rise of their Chinese competitors. It is a pressing question. The Swiss company Autoneum believes it has found an answer: they are attempting it by acquiring a leading Chinese automotive supplier.

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