Fit Voltaira Vietnam Limited Liability Company (Vietnam)

The subject was formed in 2010 as a member of Prettl Swh Gmbh headquartered in Germany but it is invested directly from PRETTL KOREA CO., LTD. On 03 Jul 2023, FIT (Foxconn Interconnect Technology) Hon Teng Limited announced that it has successfully completed the acquisition of Prettl SWH GmbH and its subsidiaries. As a result, the new company will become a subsidiary of FIT under the name FIT Voltaira. FIT Voltaira is positioned to grow and benefit from strategic drivers transforming the mobility industry and will continue to operate in the market with its three business segments, Sense, Connect and Electrify. As a member of Prettl, the subject was also restructured and renamed to FIT VOLTAIRA VIETNAM LIMITED LIABILITY COMPANY since Dec 2023. As shared by a male staff in the administration department, the subject currently still focuses on manufacturing components for automobiles, mainly sensors and wire harnesses. Its clients are vendors of automotive spare part companies such as KIA, HYUNDAI, AUTOLIVE, CONTINENTAL AUTOMOTIVE, etc.In general, the subject ran effectively in the two recent years but with the merger from the parent company, the subject's business strategy could be changed to some extent. Periodic monitoring of transactions is necessary at present.