Qingdao Haier to acquire Fisher & Paykel Production Machinery for $48.6M

Qingdao Haier Co., Ltd. will acquire 100% of Fisher & Paykel Production Machinery Limited (PML) from Fisher & Paykel Appliances Limited for $48.615 million USD, to strengthen its smart manufacturing capabilities.

“The company intends to integrate the target company and the company's original resources to build an intelligent equipment platform with independent R&D capabilities and industry-leading.”finance.sina.com.cn

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• finance.sina.com.cn青岛海尔股份有限公司关于受让Fisher & Paykel Production Machinery Limited 100%股权暨关联交易的公告|海尔集团|青岛海尔|派克_新浪财经_新浪网周天勇Jun 20, 2017

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