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 % fd luq uflqrb.
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