Zhejiang Vie Science to acquire Zhejiang Vie Pump-Manu  [ China ]

Zhejiang Vie Science & Technology Co., Ltd. announced that it will acquire 100% of Zhejiang Vie Pump-Manu Co., Ltd. shares from the Vie Group. Zhejiang Vie Pump-Manu develops, produces, and sells automotive hydraulic steering pumps and power vacuum pumps. The company has total assets of CNY 160 million as of March 31, 2016. Its sales reached CNY 19 million. (From an announcement by the company ...