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Zhejiang Shuanghuan Driveline to acquire 81% shares in STP Group of Germany
Zhejiang Shuanghuan Driveline Co., Ltd. said on July 31, 2019, that it signed a letter of intent on share purchase from VVP Verm gensverwaltung Plettenberg GmbH & Co. KG (VVPKG). Under the deal, Zhejiang Shuanghuan Driveline plans to purchase 81% of shares in the STP Group, namely STP Schmiedetechnik Plettenberg GmbH....
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