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Yinlun acquires a majority stake in PURItech

23.03.2016

The China based Tier 1 Automotive Supplier, Zheijang Yinlun Machinery Ltd. with its headquarter in Tiantai, has acquired 70 % of the Shares in PURI tech with effect oct. the 01st 2015. Yinlun is considered to be one of the world leading automotive supplier of oil coolers, front cooling modules, EGR coolers, SCR Systems.

 

The acquisition of PURItech underlines the strategic intension of Yinlun to expand its core business activities into the field of emission technologies and after-treatment of exhaust gases as this segment shows strong growth, especially in the asian market and Yinlun PURitech can now comprehensively tackle. With the acquisition of PURItech, Yinlun has secured access to a huge and mature technology portfolio, but more importantly to a powerful team of emission technology experts which will be expanded in Germany and China as well as to an established customer base in Europe. PURItech will drive the innovation of the line of business within the Yinlun group and OE business on the domestic and international markets. Yinlun has now also a strong presence in Germany and will increase its engagement on the european market.

 

About Yinlun: www.yinlun.com

 

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