Acquiring Company
Lotus Technology
Acquired Company
Lotus Advance Technologies Sdn Bhd
Description
Lotus Technology Inc. completed the acquisition of 100% equity interest in Lotus Advance Technologies on August 21, 2026. This transaction integrates all businesses under a single corporate structure, enhancing operational synergies and accelerating technology development. The unified organization aims to strengthen global competitiveness and deliver sustainable value for customers and stakeholders.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Lotus Advance Technologies Sdn Bhd?
Lotus Advance Technologies Sdn Bhd was acquired by Lotus Technology. The deal was reported on August 25, 2026. Lotus Technology Inc. Lotus Technology is publicly traded (LOT) and operates in Manufacturing.
When did Lotus Technology acquire Lotus Advance Technologies Sdn Bhd?
Lotus Technology's acquisition of Lotus Advance Technologies Sdn Bhd was reported on August 25, 2026. Lotus Technology Inc. completed the acquisition of 100% equity interest in Lotus Advance Technologies on August 21, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Lotus Advance Technologies Sdn Bhd do?
Lotus Advance Technologies Sdn Bhd is engaged in the manufacturing of sportscars and hyper cars. The company also offers comprehensive consultancy services to various OEMs and Tier 1 suppliers globally. It is privately held, operating in Manufacturing.
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