Companies associated with Ningbo Jifeng hold roughly 84.23 percent of Grammer shares
Clear shareholder structure and intensified strategic partnership
The Grammer Group, a leading international supplier of components for passenger-vehicle interiors and for commercial vehicles has today been informed that roughly 58.66 of its shareholders have accepted the tender offer submitted by a company associated with Ningbo Jifeng. Including the share of 25.56 percent previously attributable to Ningbo Jifeng, the strategic partner now holds a total of 84.23 percent of Grammer's share capital and will also become its majority shareholder.
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