Masterwork Group to become largest shareholder of Heidelberger Druckmaschinen

China's Masterwork Group announced it will acquire an 8.46% stake in Heidelberger Druckmaschinen AG (Heidelberg) for about EUR 69 million, making it the largest shareholder. The deal is subject to Heidelberg's supervisory board approval.

“We believe that the strategic investment will enhance our partnership and make contributions to the development of high-end equipment manufacturing in China as well as the world.”xinhuanet.com

• 1 source
• xinhuanet.comChina's Masterwork Group to become largest shareholder of German engineering company - Xinhua | English.news.cnJan 28, 2019

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