Brief: Zehnder Group increases stake in Shanghai Nather Air Tech

Zehnder AG

28/06/2016 06:00

June 28 (Reuters) - Zehnder Group AG  ZEHN.S : 
    * Is increasing its share in the Chinese ventilation company 
Shanghai Nather Air Tech Co., Ltd. From 51 to 75.5 pct 
    * Parties have agreed not to disclose the purchase price 
    * Is taking over the minority shares of one of the two 
company founders, who is withdrawing from business activi-ties 
at shanghai nather 
    * Other 24.5 pct will remain in the possession of the second 
founder and managing director of Shanghai Nather 
 
Source text: http://bit.ly/2911hph 
Further company coverage:  ZEHN.S  
 
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