EDITORIAL – Ningbo Jifeng’s majority shareholding in Grammer bodes well for the latter’s long-term growth
Grammer is now well positioned to regain confidence of its existing customers, engage with new customers, and focus thoroughly on the implementation of its long-term strategic goals
The pall of uncertainty over Grammer’s ownership structure, due to the rising influence of the Hastor family on the company’s administration and management, has cleared now with China-based Ningbo Jifeng Auto Parts grabbing a majority shareholding in the Germany-based vehicle interior parts supplier.
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