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Poland Local Time May 20, Tricyclic Group Holdings Xiangyang Automobile Bearing Co., Ltd., in Warsaw signed a share transfer agreement, with Polish KFLT bearing 89.15%of the shares, the successful acquisition of the largest bearing manufacturer in Poland. According to reports, this acquisition is a tricyclic Group's major initiatives for the implementation of "structural adjustment, on the level of international development strategy, not only created a precedent of Hubei Province, is a cross-border mergers and acquisitions of state-owned enterprises, has also become China's auto bearing enterprises overseas mergers and acquisitions cases. KFLT Bearing Company is mainly engaged in the automobile roller bearings, ball bearings, special bearings of industrial and large-scale wind power bearings and other types of products bearing the manufacture and sale of products with a higher R & D technology and manufacturing level, PSA Peugeot Citroen Renault , the the Magna companies world-famous enterprises supporting suppliers. Industry experts point out, Xiangyang bearing M & the Polish KFLT of great significance, not only can promote the transformation of development mode Hubei, to achieve industrial upgrading, leveraging Poland into the European market, to avoid trade friction. The merger is completed, Xiangyang bearing KFLT will give full play to their respective comparative advantages, management, technology, marketing, human resources and other elements of the resource sharing, Xiangyang bearing build a first-class technology, first-class products, first-class service the world's leading bearing enterprises. Polish Treasury Minister Karpinski, vice governor of Hubei Province, Xu Kezhen attended the signing ceremony. FAG HCS71916C.T.P4S.UL| FAG HCS71913E.T.P4S.UL | FAG HCS71914C.T.P4S.UL | FAG HCS71912E.T.P4S.UL | FAG HCS71911E.T.P4S.UL | FAG HCS7010C.T.P4S.UL | FAG HCS71906E.T.P4S.UL | FAG HCS7008C.T.P4S.UL | FAG HCS71906C.T.P4S.UL | FAG HCS71905E.T.P4S.UL |
