BEIJING, Jan. 22 (Xinhua) -- Guangzhou Haozhi Industrial Co., Ltd. (300503.SZ) plans to purchase 100 percent stakes of Infranor Holding SA and Bleu Indim SA, which was held by Perrot Duval, with estimated transaction value at 30 million-35 million Swiss franc.
According to a company filing released on Tuesday, Infranor Group is a famous solution provider of industrial automation in Europe. After the purchasing move, Guangzhou Haozhi Industrial Co., Ltd. can make full use of the Infranor Group's advanced technology and experience in the fields of motors and actuators to promote the R&D and performance upgrades of the company's spindles, turntables, reducers, etc.
In addition, the company will use the Infranor Group's global marketing network, as well as customer resources and market reputation to accelerate the business development of the company's products in overseas markets.(Edited by Ma Xin, maxin11@xinhua.org)
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