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NORMA Group SE Edisonstr. 4 63477 Maintal, Germany http://www.normagroup.com/
Contact Ms Alexandra Lipkowski +49 6181 6102747
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NORMA Group SE

NORMA Group acquires majority stake in manufacturer of joining products in China

(PresseBox) (Maintal, Germany/Shaoxing City, China, )
NORMA Group, a global market leader in engineered joining technology, signed a purchase agreement to acquire 80 percent of the shares in Fengfan Fastener (Shaoxing) Co., Ltd. (“Fengfan”), based in Shaoxing City, China, on March 28, 2017. The details of the agreement are confidential and will not be published. Subject to approval by the relevant authorities, the transaction is expected to close in the second quarter of 2017.

Founded in 1988, Fengfan manufactures joining products made of stainless steel, nylon and specialty materials. Its portfolio includes cable ties, fastening elements and specially coated, fire-resistant textiles, for example. The company uses
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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.