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  5. Chongqing Changan Automobile Acquires Harbin Hafei Automobile Industry Group Co.

M&A Deal Summary

Chongqing Changan Automobile Acquires Harbin Hafei Automobile Industry Group Co.

On July 22, 2010, Chongqing Changan Automobile acquired automotive company Harbin Hafei Automobile Industry Group Co.

Acquisition Highlights
  • This is Chongqing Changan Automobile’s 1st transaction in the Automotive sector.
  • This is Chongqing Changan Automobile’s 1st transaction in China.

M&A Deal Summary
Date 2010-07-22
Target Harbin Hafei Automobile Industry Group Co.
Sector Automotive
Buyer(s) Chongqing Changan Automobile
Deal Type Add-on Acquisition

Target

Harbin Hafei Automobile Industry Group Co.

Harbin, China
Harbin Hafei Automobile Industry Group Co., Ltd. is a provider of automobiles and offers commercial cars, passenger cars, and energy cars, as well as trucks, mini-cars, and limousines.

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Buyer(S) 1

Buyer

Chongqing Changan Automobile

Chongqing, China
Category Company
Founded 1996
Sector Automotive
Employees55,119
Revenue 159.7B CNY (2024)
DESCRIPTION
Changan office in Plymouth, Michigan.
Changan office in Plymouth, Michigan.

Chongqing Changan Automobile is a manufacturer of automobiles, automobile engines, and spare parts products. Chongqing Changan Automobile was founded in 1862 and is based in Chongqing, China.

DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2010 M&A 1 of 1
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