Bufab has signed an agreement to acquire all outstanding shares in Kian Soon Mechanical Components Pte Ltd in Singapore (www.kiansoon.com.sg), with annual sales of approximately SGD 17 million.
Kian Soon was founded in 1977 and is one of the leading distributors of C parts in South-East Asia. Besides the head office in Singapore, the company has subsidiaries in Malaysia and Indonesia and a joint venture in Thailand. Kian Soon has 64 employees and generates annual sales of approximately SGD 17 million with good profitability.(…)
via Bufab Group.