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.

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