Carlsquare advised automotive supplier PMG Holding on its acquisition of Chinese powder metal specialist Yangzhou Leader Powder Metallurgy
The international automotive supplier Powder Metal Goldschmidt (PMG), headquartered in Füssen, Germany, acquired the Chinese powder metal specialist Yangzhou Leader Powder Metallurgy Co., Ltd. (LEADER), headquartered in Jiangsu, China. The Chinese automotive supplier LEADER was founded in 1997, has around 250 employees today and specialises in the production of shock absorber components made of powder metal.