Brief: Zehnder Acquires Majority Stake In China's Fortuneway

Zehnder AG

03/11/2020 06:07

Nov 3 (Reuters) - ZEHNDER GROUP AG  ZEHN.S :
    * ACQUIRES MAJORITY STAKE IN CHINA'S FORTUNEWAY,
MANUFACTURER OF
HEAT AND HUMIDITY EXCHANGERS
    * WILL BE RETAINING BOTH THE WORKFORCE – INCLUDING
MANAGEMENT –
AND THE SITE AS PART OF THE ACQUISITION
    * ACQUIRING 51% OF THE SHARES IN ZHONGSHAN FORTUNEWAY
ENVIRONMENTAL TECHNOLOGY CO., LTD.

Source text for Eikon:  ID:nNDL3g2TbT 
Further company coverage:  ZEHN.S 

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