Buhler Acquires Majority Stake in Yaoxian Machinery

by swisscham in Engineering, Manufacturing

The Buhler Technology Group expands in Asia and strenghtens their market for installation production of Asian noodles. The company acquires a majority stake of 80% in the Chinese Yaoxian Machinery in Guangzhou, as Buhler tells on January 13. Yaoxian manufactures production equipment and components both in the field of instant as well as non-instant noodles. The company is profitable and is managed by owner Feng Xingyuan. Yaoxian employs approximately 50 employees and has a turnover approximatively CHF 3 million. The former owner and key employees of the current management had agreed to stand for the operational business in the coming years. Both parties have agreed not to disclose the purchase price.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Your Swiss Business Platform in China

SwissCham China has roughly 600 company members. Our Chamber maintains a strong relationship with the Embassy of Switzerland, Swiss Global Enterprise, Swissnex and Switzerland Tourism. As the representative of the Swiss companies established in China, our goal is to help you to increase your business and visibility, especially amongst the Sino-Swiss business community.

Become A Member

Sign Up For Our Newsletter

  • This field is for validation purposes and should be left unchanged.
October 27, 2020
Published By shine.cn in Engineering / Manufacturing
October 21, 2020
Published By globenewswire.com in Hospitality / Tourism / Retail
October 15, 2020
Published By givaudan.com in Bilateral Relations
October 9, 2020
Published By chinadaily.com.cn in Engineering / Manufacturing
October 6, 2020
Published By globenewswire.com in Engineering / Manufacturing