GMD Group* announces the signing of an agreement with DSBJ Group (Suzhou Dongshan Precision Manufacturing Co., Ltd.) for the acquisition of 100% of its share capital. This transaction marks a major milestone in GMD’s international expansion and paves the way for new industrial synergies.
DSBJ, a leading Chinese industrial player, specializes in high-precision electronic components. Listed on the Shenzhen Stock Exchange, the group employs nearly 23,000 people across 24 industrial sites located mainly in China, Southeast Asia, the United States, and Mexico.
With annual revenue of approximately €4.8 billion, DSBJ operates in three main areas:
- Electronic circuits
- Optoelectronic Display
- Precision manufacturing, including stamping and die-casting
Social guarantees and strategic objectives
DSBJ has committed to maintaining all jobs and production sites of GMD ensuring social and industrial stability. This alliance also aims to strengthen innovation and sustainability by developing advanced technological solutions and integrating environmentally responsible practices into production processes.
*GMD Group (Groupe Mécanique Découpage) is one of the largest French automotive suppliers. Here are its main characteristics:
Activity: Manufacturing parts for the automotive industry, including:
- Stamping
- Die Casting
- Plastic & Leather
Clients: Major manufacturers such as Stellantis, Renault, Porsche.
Operations:
- 14 industrial sites worldwide
- 6,648 employees, including about 1,800 in France.
Revenue: Over €1 billion in 2024.
Employer ranking: GMD is listed among the 500 best employers in France, according to Capital magazine (16th in the automotive sector).