Pankaj84. Henniges Automotive
Headquarters: Auburn Hills, Michigan
Bought By: Aviation Industry Corporation of China (AVIC)
Headquarters: Beijing, China
Henniges Automotive, an Auburn Hills-based global supplier of sealing and anti-vibration systems for the auto industry, was acquired in 2015 by China’s Aviation Industry Corporation (AVIC). This state-owned enterprise, devoted to aerial vehicle manufacturing, and aviation partnered with Beijing WKW Automotive Parts for the acquisition.
The purchase served as an indicator of China’s enthusiasm to take over companies with strong technical acumen. It showcased China’s intention to enhance its automotive manufacturing capacities and their forward strategy to procure dominant entities in pivotal sectors.
