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Great Star Industries plans to acquire 100pct stake in Lista for nearly RMB1.2 bln

June 4, 2018


Abstract : Hang Zhou Great Star Industrial Co (002444.SZ) announced that its wholly-owned subsidiary planned to acquire a 100 percent stake in Lista Holding AG for about 184.5 million Swiss francs (nearly 1.2 billion yuan)

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BEIJING, June 4 (Xinhua) Hang Zhou Great Star Industrial Co (002444.SZ) announced that its wholly-owned subsidiary planned to acquire a 100 percent stake in LISTA Holding AG for about 184.5 million Swiss francs (nearly 1.2 billion yuan), the Xinhua-run Shanghai Securities News reported on June 1.

LISTA Holding AG manufactures and sells workshop and warehouse furnishings. It offers drawer cabinets, drawer storage walls, workshop trolleys, storage and transport systems, workbenches and workstation systems, cabinet systems, shelving systems, partition material and labelling systems, access control systems, and dynamic systems.

 (Edited by Yang Yifan, yangyifan@xinhua.org)

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