APALT to acquire more than 51% equity of CMAX
2020-07-31 15:55:53 [Print]
APALT announced that the company signed the Equity Transfer Intention Agreement with Mitsubishi Aluminum Co., Ltd. on July 30, 2020, and the company plans to acquire more than 51% equity of MA China Extrusion (Suzhou) Co., Ltd. (CMAX) held by Mitsubishi Aluminum.
CMAX is a supplier specializing in the production of heat exchange aluminum microchannel flat tube extrusion parts, and its application fields include automotive air conditioning components, home air conditioning components and other industries.
CMAX is a supplier specializing in the production of heat exchange aluminum microchannel flat tube extrusion parts, and its application fields include automotive air conditioning components, home air conditioning components and other industries.

