On March 7, 2025, HUHUTECH International Group Inc. entered into a share purchase agreement to acquire 100% of the issued equity interests of Huhu Technologies Deutschland GmbH from Mr. Zhi Zhang. This acquisition is part of HUHUTECH’s global growth strategy to establish a presence in the European market.
The total consideration for the acquisition was €25,000.00, approximately $28,930.00. Huhu Deutschland is intended to focus on developing the high-purity gas and chemical production systems market within the German semiconductor industry.
This strategic move aims to unlock local market potential in Germany, recognized as a powerhouse in the global semiconductor supply chain, and establish a gateway to the broader European semiconductor industry. Huhu Deutschland had no actual operations prior to the acquisition agreement.
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