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Your email address will not be published.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 14, 2021
Published By prnasia.com in Business
October 13, 2021
Published By global.chinadaily.com.cn in Bank / Finance / Insurance
October 7, 2021
Published By reuters.com in Engineering / Manufacturing
September 28, 2021
Published By s-ge.com in Business
September 18, 2021
Published By Consulate General of Switzerland in Guangzhou in Bilateral Relations