King Lai to acquire Shandong Bihai for 260 million yuan

King Lai (Xinlai Yingcai) announced plans to acquire 100% of Shandong Bihai Packaging Materials for 260 million yuan. The target company produces aseptic packaging materials and liquid food packaging machinery. The sellers guarantee combined net profit of at least 72 million yuan for 2018-2020.

“新莱应材拟以2.6亿元的价格购买山东碧海包装材料有限公司100%股权。”finance.ifeng.com

• 1 source
• finance.ifeng.com新莱应材拟2.6亿收购山东碧海 标的3年税后净利承诺不低于7200万_凤凰网Jan 15, 2018

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