Huhutech International (HUHU) said Thursday that it entered into a share purchase agreement to acquire all of the equity interests of Huhu Technologies Deutschland from sole investor Zhi Zhang for 25 million euros ($29.3 million).
The acquisition was completed on May 7, after which Huhu Deutschland became Huhutech's wholly-owned German subsidiary, the company said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.