Henniges Automotive Holdings says it has acquired the remaining 40% of Beijing Wanyuan-Henniges Sealing Systems from its Chinese joint venture with China Academy of Launch Vehicle Technology (CALT).
Since November last year, Henniges Automotive has signed strategic alliances with Amee Rubber Industries in India and Burkool in Argentina, leveraging the relationships and capabilities of its partners with Henniges technical knowledge in global product adaptation sealing solutions.
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“We continue to pursue opportunities that strengthen our global footprint in order to drive results and further our ability to serve key customers locally in China and around the world,” said Henniges president and CEO, Doug DelGrosso.
“After 18 years of operating as a joint venture with CALT, Henniges grew its capabilities and sealing technologies and now, as a wholly-owned entity, we look forward to continuing this success and providing solutions that meet local and global demands.”
