# WEILBURGER exits joint venture, becomes independent in China

Grebe Holding GmbH announced that WEILBURGER has exited the joint venture CMW Holding Ltd. and is now a 100% subsidiary in China, WEILBURGER China (Tianjin) Ltd., taking over a 32,000 square meter production facility in Tianjin.

- Type: Acquisition
- Announced: 2020-02-25
- Where: Tianjin, China
- Status: completed
- Products: coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [WEILBURGER](https://endata.com/companies/46027.md)
- [CMW Holding](https://endata.com/companies/46028.md) (partner)

## Sources

- [weilburger.com](https://www.weilburger.com/en/detailview-startpage/weilburger-seit-maerz-2020-in-china-selbststaendig), 2020-03-19: "WEILBURGER has exited the former joint venture CMW Holding Ltd. as of 25 February 2020, and is now active in the Chinese market as a 100% subsidiary."

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