Wanshun New Materials acquires 100% stake in Eurofoil Luxembourg

Wanshun New Materials, through its subsidiary Jiangsu Zhongji Composite Materials (Hong Kong) Co., Ltd., agreed to acquire 100% equity of Luxembourg aluminum foil producer Eurofoil Luxembourg S.A. for €12.3889 million in cash. The acquisition has received board approval and Luxembourg Ministry of the Economy filing approval, pending shareholder approval.

“The transaction price was determined through equal negotiation by both parties based on the target company's operational status and assets.”joyful-printing.com

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• joyful-printing.comWanshun New Materials Completes Acquisition Of 100% Stake in Eurofoil Luxembourg, Net Assets Appreciating Over 53% - News - Joyful PrintingMar 24, 2026

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