Nanjing Nangang Completes Acquisition of Koller Beteiligungs GmbH

August 07 2017

Fosun and its joint venture Nanjing Nangang Iron & Steel United Co. Ltd. (Nanjing Nangang) has completed the acquisition of a majority stake in Koller Beteiligungs GmbH (Koller), Germany. It is the first overseas investment for Nanjing Nangang and the first overseas industrial investment in the automotive industry for Fosun. Koller produces injection molding composite parts and pressing tools, including the PUR-honeycomb sandwich panels for major European automotive companies.

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