Company Activities

Crestridge Consulting Advises Nobo Automotive to Acquire Motus Headliner GmbH
Crestridge Consulting, Inc("Crestridge") is pleased to announce it acted as exclusive financial advisor to Nobo Automotive System Co., Ltd. ("Nobo") on its acquisition of Motus Headliner GmbH ("Motus Headliner").

Motus Headliner GmbH is a wholly-owned subsidiary of Motus Integrated Technologies. Located in Uberherrn, Germany, and is a leading provider of headliners, headliner systems, and compression-formed products. It holds one of the top market positions in this space and has the most technologically advanced product portfolios. The major customers include Mercedes, DM, FCA, PSA, etc.

Nobo Automotive System Co., Ltd., a leading Chinese auto parts manufacturer, is a wholly-owned subsidiary of Great Wall Motors Company. Its products include auto seating, interior, exterior, sealing & AVS, and auto electronics. The Company has approximately 11,000 employees, nine manufacturer bases, and five R&D centers.

This transaction is the first cross-border M&A project completed by Nobo, and isimportant for the Company's global development strategy. The combinationof the two entities will allow Nobo to provide .a presence in Europe and is an important step to accomplish its global supply chain network.

“Advising Nobo on this transaction is our honor and pleasure. We are happy that we can assist Nobo to complete the transaction while facing challenges and difficulties caused by Covid-19 pandemic and related travel ban. We look forward to continue serving Nobo to implement their globalization strategies. ” noted by Alex Fan, President of Crestridge Consulting.

For more information on this transaction, please contact the following Crestridge team members:

Alex Fan

Bill Yu
Managing Director