ZHEJIANG YINLUN MACH CO LTD ACQUIRES SETRAB AB

Shenzhen Stock Exchange listed Yinlun, the leading company in China’s industry of automobile radiators, in the acquisition of Setrab with operations in Sweden and Poland, being a supplier of coolers to many of the world’s premium car brands, such as Aston Martin, Audi, Bentley, Ferrari, Lamborghini, Lexus, Lotus, Mercedes, Scania and Volvo. Yinlun, having 6,500 employees around the world with sales of EUR 641M (2018), will with the acquisition of Setrab lay a solid foundation for the internationalization of Yinlun and the establishment of an European R&D centre.

Source: Yahoo.

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