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MAX Automation SE Steinhöft 11 20459 Hamburg, Germany http://www.maxautomation.de
Contact Mr Frank Elsner +49 89 99249630
Company logo of MAX Automation SE
MAX Automation SE

MAX Automation AG plans to acquire majority shareholding in the activities of the Chinese mechanical engineering company Shanghai Cisens Automation Co., Ltd.

Publication of insider information pursuant to §17 MAR

(PresseBox) (Düsseldorf / Shanghai, )
The Management Board of MAX Automation AG signed an investment agreement today to acquire a majority shareholding in the activities of the Chinese mechanical engineering company Shanghai Cisens Automation Co., Ltd. MAX Automation AG plans to acquire a 51 % stake as a first step with the option of purchasing all remaining shares in the years to come. To carry out this transaction, Shanghai Cisens Automation’s business operations are to be transferred to a new company as part of an asset deal in which MAX Automation AG will hold 51 % and the founder and CEO Roger Lee 49 % tq wmk gngchs.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.