# SECO acquires majority stake in Fannal Electronics

SECO SpA signed an agreement to acquire a majority stake in Fannal Electronics Co. Ltd., a Chinese manufacturer of Human Machine Interaction technologies based in Hangzhou. The transaction strengthens SECO's R&D and production capabilities.

- Type: Acquisition
- Announced: 2019-02-25
- Where: Hangzhou, China, China
- Status: announced
- Products: Human Machine Interaction technologies, touch screen technologies
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SECO S.p.A.](https://endata.com/companies/14958.md)
- [Fannal Electronics](https://endata.com/companies/14960.md) (target)

## Sources

- [evertiq.com](https://evertiq.com/design/45666), 2019-02-25: "With this transaction, we invest in a worldwide leading company operating in the highly specialized sector of touch display technology"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.