KDT Machinery to acquire 75% of Italian woodworking machinery firm Masterwood

Guangzhou KDT Machinery Co. will buy 75 percent of Masterwood S.p.A., an Italian CNC woodworking machinery company, for EUR16 million (USD20 million) through its Hong Kong unit.

“KDT will buy 75 percent of Masterwood, an Italian computer numerical control (CNC) woodworking machinery brand for EUR16 million (USD20 million) through its Hong Kong unit.”yicaiglobal.com

• 2 sources
• yicaiglobal.comKDT Pays USD20 Million for 75% of Italian CNC Wood Machinery FirmTang ShihuaFeb 12, 2018
• database.caixin.com弘亚数控拟以1596万欧元收购意大利木工机械公司Masterwood|中企全球动态Feb 12, 2018

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