Zug, November 14, 2018 – The Bossard Group is strengthening its market position in China as a supplier of high-quality fastening solutions. It is taking over the business of Linquan Precision Co. Ltd., Suzhou, which generates annual sales of around CHF 8 million with 28 employees. Bossard is already present on the Chinese market at 12 sites with a total of some 280 employees. This acquisition complements the product range with fastening solutions for application in demanding industries. The parties have agreed to keep the acquisition price confidential.(…)
