KSPG-HASCO joint venture approved by German cartel authorities  [ Germany ]

KSPG AG announced that, following the signing of the agreement in July 2014 with HUAYU Automotive Systems Co., Ltd. (HASCO), the relevant cartel authorities have meanwhile given their go-ahead for KS Aluminium-Technologie GmbH's joint venture. The two parties now each hold 50 percent of the shares in KS Aluminium-Technologie GmbH, Neckarsulm, and Werkzeugbau Walldurn GmbH, Walldurn, which belon...