ActBlue Plans to Buy Firm in Germany, Acquire Other Assets
March 01, 2021 at 09:14 am
Share
ActBlue Co., Ltd. (SZSE:300816) said it plans to buy VT Technologies Faulquemont from Vitesco Technologies Lohmar Verwaltungs Gmbh for up to €18 million ($21.69 million), acquire other assets.
ActBlue Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of engine exhaust aftertreatment products and atmospheric related products. The Company's main products include Selective Catalytic Reduction (SCR), Diesel Oxidation Catalyst (DOC), Particle Oxidation Catalyst (POC), Diesel Particulate Filter (DPF) and Gasoline Three Way Catalyst/Devices (TWC). Its products are mainly used for the purification of engine exhaust for motor vehicles, non-road mobile machinery and ships. The Company also provides volatile organic compounds (VOCs) exhaust gas treatment equipment for industrial exhaust gas treatment. The Company operates its businesses in domestic and overseas markets.