KS Wah Yuen Aluminum Technology Co., Ltd. has recently reached an agreement with Germany’s Albert Hakoote Machine Tools Co., Ltd. to acquire all its machinery and equipment and aluminum processing business. KS Huayuan has thus become a supplier to customers of Hake Auto, including famous customers such as Volkswagen, Audi, BMW and Bentley. KS Wah Yuen Aluminum Technology Co., Ltd. is a joint venture established between KSPG Group in Germany and SAIC (600104, shares) Huayu Automobile (600741, shares bar) Systems Co., Ltd., which was established in 2014. In Karlsheim, Germany, aluminum engine components are supplied to German and international automotive manufacturers. The main products include pistons, cylinder crankcases, cylinder heads and other structural components. Through this acquisition, the KSPG Group's business in aluminum cylinder processing has been further expanded. According to Rota Schneider, chairman of the board of directors of KS Wah Aluminum Technology Co., Ltd., Hakiot employees with high production technology expertise and existing good mechanical equipment are ideal supplements to KS Wah Yuen. This acquisition is also based on The rapid expansion of KS China business orders is needed. Screen Gasket,Filter Screen Gasket,Tri Clamp Screen Gasket,Filter Mesh Tri Clamp Screen Gasket Ningbo Wenhan Fluid Equipments Co., Ltd. , https://www.wenhanvalves.com