Lingyun Industrial, Georg Fischer to acquire 100% stake in Langfang Shuchang Auto-parts  [ China ]

Lingyun Industrial Co., Ltd. announced that it will acquire a 100% stake in Langfang Shuchang Auto-parts Co., Ltd. jointly with Georg Fischer Ltd. (GF). Lingyun Industrial and GF will pay a total of CNY 109.16 million for this deal, and each company will own a 50% stake. Langfang Shuchang Auto-parts was established in August 2010 and produces quick pipe connectors for automobiles. It had total ...
<Aug 18, 2016>