Germany: Leoni accelerates acquisition of Daekyeung

Leoni has announced it will acquire the remaining 50% of South Korean wiring systems manufacturer Daekyeung, effective 1 January 2012. Completion of the acquisition of the German supplier's joint-venture partner will thus take place one year sooner than originally planned. Leoni acquired an initial 50% of Daekyeung in June 2008, the Subscribe to Automotive World … Continued

• By Webmaster
• September 5, 2011