USA: Manitowoc to Acquire Remaining Stake in Chinese Joint Venture
By Company Press Release | 28 July 2000
The Manitowoc Company, Inc. (NYSE: MTW) today announced that it has acquired the remaining 31.3 percent of Hangzhou Manitowoc Wanhua Refrigeration Co., its Chinese ice-machine joint venture, from the company's partner, Hangzhou Household Electric Appliance Industrial Corporation. Terms of the deal were not disclosed.
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The Manitowoc Company, Inc. (NYSE: MTW) today announced that it has acquired the remaining 31.3 percent of Hangzhou Manitowoc Wanhua Refrigeration Co., its Chinese ice-machine joint venture, from the company's partner, Hangzhou Household Electric Appliance Industrial Corporation. Terms of the deal were not disclosed.
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