Product
Supplier
Encyclopedia
Inquiry
Home > News > Market Flash > WEILBURGER independent in China since March 2020

WEILBURGER independent in China since March 2020

ECHEMI 2020-04-07

German coating industrial paint group WEILBURGER has announced that WEILBURGER has exited the former joint venture CMW Holding Ltd. (CMW = CashewManfieldWeilburger) as of 25 February 2020, and is now active in the Chinese market as a 100% subsidiary, WEILBURGER China (Tianjin) Ltd.

 

In exchange for its shares in CMW Holding Ltd., WEILBURGER receives back the business based on its licensed technology, as well as other assets, and takes over from CMW Holding Ltd. the ownership of the newly erected 32,000 square meter production facility in Tianjin, near Beijing.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
Comment
Comment

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.