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Yangzhou Private Enterprises Successfully Acquired Overseas Famous Enterprises For The First Time

2008/7/18 16:34:00 17

Yangzhou Private Enterprises Successfully Acquired Overseas Famous Enterprises For The First Time

Yangzhou Kimcheon tourism products company completed all the procedures to acquire 45% stake in Italy ANDE company last week. The Yangzhou private enterprise overseas merger and acquisition first settled in the first case. Kimcheon will enter the European Union as the largest shareholder of ANDE, and realize the pformation from the OEM to the brand channel.

As a large factory specializing in exporting tents, sleeping bags, knapsack, clothing and bedding products, Kimcheon, Yangzhou, has exported products from the world's major brands to the United States, Europe, Australia and South Africa.

Italy ANDE company is a well-known outdoor clothing company, and has a strong connections and a large number of partners in Italy.

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