Highway Holdings eyes 51% stake in Regent-Feinbau

Highway Holdings has signed a letter of intent to acquire a 51% stake in German precision sheet metal specialist Regent-Feinbau Adermann GmbH, primarily for cash with a smaller portion in unregistered shares. The proposed acquisition, which targets completion by the end of March 2026, remains subject to due diligence, execution of a definitive agreement, and customary closing conditions.

Founded in 1949, Regent-Feinbau is certified to IATF 16949, ISO 9001, and ISO 14001 standards and manufactures precision sheet metal components and welded assemblies in aluminium, steel, and copper. The company’s capabilities span laser cutting and bending, forming technology, component assembly, and advanced welding processes. Regent-Feinbau serves automotive and commercial vehicle original equipment manufacturers (OEMs) directly as a Tier 1 supplier, with customers including AMG Mercedes-Benz.

In a statement, Roland Kohl, Chairman, President, and Chief Executive Officer of Highway Holdings, said: “Regent-Feinbau’s experience with automotive customers and that company’s excellent capabilities will have a lot of value for our Chinese metal component division, Nissin Shenzhen, in targeting the Chinese automotive market.”

Highway Holdings said the transaction forms part of a broader mergers and acquisitions strategy, with additional targets in Germany currently under evaluation. The Hong Kong-headquartered manufacturer holds approximately US$5.3m in cash and cash equivalents with substantially no debt.

Source: Highway Holdings