MARELLI forms strategic partnerships with Highly Group  [ Italy ] [ China ]

MARELLI announced that it has entered into a strategic partnership with China-based Shanghai Highly Co., Ltd. (Highly). Under the terms of the deal, MARELLI has agreed an equity transfer agreement with Johnson Controls-Hitachi Air Conditioning (JCH) to acquire equity interest in Shanghai Highly New Energy Technology Co., Ltd. (HNET), a joint venture between Highly and JCH. The transaction is es...
<Aug 30, 2019>