Mutares SE agrees to acquire Innomotive Systems Hainichen

MUNICH: Mutares SE & Co. has signed an agreement to acquire Innomotive Systems Hainichen GmbH from a Chinese state-controlled enterprise, a news release said.  The company will strengthen Mutares’ Automotive & Mobility segment with production sites in Germany and China, with a total of around 450 employees and will be complementary to the KICO Group.…