Focus topics

Dieter Hundt sells Allgaier to Westron

Former Employer President Dieter Hundt has sold his company to a Chinese investor. The Westron Group from Beijing is taking over 88.9 percent of the shares in Allgaier Werke. The new owner intends to continue operations largely unchanged. Westron is an investor focusing on companies in the automotive, technology, and robotics sectors. Allgaier, therefore, fits well into its portfolio; it is an automotive supplier and industrial equipment manufacturer.

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the China.Table? Log in now


    Appeal in MeToo case rejected
    Estonia and Lithuania leave 16+1 format
    Threats after end of maneuvers around Taiwan
    Scholz warns against too much dependence