C▪H▪Reynolds advises NIMAK shareholders on sale

Chinese Jiangsu Hagong Intelligent Robot Co., Ltd. (“HGZN”) signed an agreement with the shareholders

The team of C▪H▪Reynolds▪Corporate Finance AG led by Felix Hoch and Markus Kluge advised the shareholders of NIMAK Group on the sale of their shares to HGZN-Group and thus found a succession solution in an international context.

HGZN is a diversified high-tech company and has been listed on the Shenzhen Stock Exchange since 1993 (Stock Code 000584.SZ). As a group of manufacturing companies specializing in smart manufacturing and artificial intelligence, the Group companies offer customized automation solutions and services for a wide range of industries, among others for the automotive sector.

NIMAK’s headquarter, the production for the European, North and South American market as well as for the plants of German OEMs in Asia and the R&D department will continue to be located in Wissen/Germany. You can download the transaction announcement here.

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