Prima Industrie acquires 19% stake in Lead Laser for €6.7 million

Prima Industrie, through its subsidiary Prima Power Suzhou, resolved to acquire a 19% stake in Suzhou Lead Laser Technology for approximately 50 million renminbi (€6.7 million), with an option to acquire an additional 41% by 2020.

“The transaction is aimed at increasing the Group's market share in the Chinese market of 2D laser machines, the largest in the world in terms of size and growth rate.”marketscreener.com

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• marketscreener.comPRIMA INDUSTRIE : GROWS IN CHINA. RESOLVED THE ACQUISITION, THROUGH THE CONTROLLED COMPANY PRIMA POWER SUZHOU, OF 19% OF LEAD LASER, WITH AN OPTION ON A FURTHER 41%. | MarketScreenerPublicnowJun 4, 2018

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