Fosun completes acquisition of German automation provider FFT

Chinese conglomerate Fosun International completed its acquisition of FFT GmbH & Co. KGaA, a German provider of automated production systems. The deal was agreed in June 2018; financial terms were not disclosed.

“Fosun can leverage on FFT's automation technology to promote industry upgrades while helping its portfolio companies boost their innovative capabilities in smart manufacturing.”kr-asia.com

• 1 source
• kr-asia.comFosun acquires Germany automation solution provider FFTSong JingliMay 31, 2019

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