HUHUTECH International Group Inc. Expands into Europe with Acquisition of German Subsidiary
Rhea-AI Summary
HUHUTECH International Group (Nasdaq: HUHU), a provider of factory facility management and monitoring systems, has acquired Huhu Technologies Deutschland GmbH for €25,000 (approximately US$28,930). The acquisition, completed on May 7, 2025, represents HUHUTECH's strategic entry into the European market.
The newly acquired German subsidiary will focus on developing high-purity gas and chemical production systems for the German semiconductor industry, offering customized system design, installation, and after-sales support. CEO Yujun Xiao emphasized Germany's importance as a semiconductor industry powerhouse and gateway to broader European markets.
Positive
- None.
Negative
- Acquired company had no prior operations or existing business
- Significant effort required to establish operations from scratch in new market
- Potential challenges in penetrating established German semiconductor market
News Market Reaction 1 Alert
On the day this news was published, HUHU declined 2.23%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Wuxi, China, June 26, 2025 (GLOBE NEWSWIRE) -- HUHUTECH International Group Inc. (Nasdaq: HUHU) (the “Company” or “HUHUTECH”), a professional provider of factory facility management and monitoring systems, today announced that on March 7, 2025, it entered into a share purchase agreement (the “Agreement”) with Mr. Zhi Zhang to acquire
Pursuant to the Agreement, HUHUTECH agreed to acquire
Following the acquisition, Huhu Deutschland became HUHUTECH’s wholly owned subsidiary in Germany. Huhu Deutschland aims to focus on developing the high-purity gas and chemical production systems market within the German semiconductor industry. With a localization strategy, Huhu Deutschland will offer comprehensive, end-to-end services tailored to the needs of local clients including customized system design, precise installation and commissioning, and after-sales maintenance and support. Prior to the acquisition, Huhu Deutschland had no actual operations.
Mr. Yujun Xiao, Chief Executive Officer of HUHUTECH, commented, “We are excited to establish our presence in Germany, a strategic part of our globalization journey. As a powerhouse in the global semiconductor supply chain, Germany represents a strategic market opportunity for HUHUTECH. Our entrance into the German market will not only enable us to unlock local market potential but also establish a gateway to the broader European semiconductor industry. Leveraging our proven technical expertise and commitment to localized service, Huhu Deutschland will deliver full-process, one-stop solutions to support the growth of our German clients. Looking ahead, we remain committed to executing our international strategy and creating long-term value for our stakeholders while contributing to the advancement of the global semiconductor industry.”
About HUHUTECH International Group Inc.
HUHUTECH International Group Inc. is a professional provider of factory facility management and monitoring systems. Through its subsidiaries in China, Japan, the United States, and Germany, HUHUTECH designs and provides customized high-purity gas and chemical production system and equipment. The Company's products mainly include high-purity process systems (HPS) and factory management control systems (FMCS), which effectively increase operation efficiency by using standardized module software. The modularity of HUHUTECH's software solution reduces the errors caused by frequent updates of the program. As a nationally recognized brand, HUHUTECH serves major players in the pan-semiconductor industry. Its products and services are widely used by semi-conductor manufacturers, LED and micro-electronics factories, as well as some pharmaceutical, food and beverage manufacturers. For more information, please visit the Company's website: ir.huhutech.com.cn.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," or other similar expressions in this prospectus. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission ("SEC").
For more information, please contact:
HUHUTECH International Group Inc.
Investor Relations Department
Email: ir@huhutech.com.cn
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
FAQ
How much did HUHUTECH (HUHU) pay for the German acquisition?
When did HUHUTECH complete the acquisition of its German subsidiary?
What will HUHUTECH's German subsidiary focus on?
Who was the seller of Huhu Technologies Deutschland GmbH?
What services will HUHUTECH offer in the German market?
