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Lumax Auto Technologies, India makes LFAE wholly owned subsidiary, exits Jopp JV
On June 29, Lumax Auto Technologies Limited completed the acquisition of the remaining 15.97% stake in Lumax FAE Technologies Private Limited (LFAE) from Spain's Francisco Albero SAU (FAE), a specialist in automotive sensors and actuators, making LFAE a wholly owned subsidiary. FAE will continue to provide technical ....
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