# Schuler acquires majority stake in Chinese press manufacturer Yadon

Schuler AG acquired a majority stake of at least 51% in Yangzhou Metal Forming Machine Tool Co., Ltd. (Yadon), a Chinese press manufacturer. The deal gives Schuler access to the mid-market segment in China. The purchase price was not disclosed.

- Type: Acquisition
- Announced: 2020-04-09
- Where: Yangzhou, Jiangsu Province, China
- Status: announced
- Products: mechanical presses, C-frame presses, blanking presses, tie rod presses
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Schuler Group](https://endata.com/companies/16758.md) (acquirer)
- [Yangzhou Metal Forming Machine Tool Co., Ltd.](https://endata.com/companies/46456.md) (target)

## Sources

- [manufacturing-journal.net](https://manufacturing-journal.net/press-release/3387-schuler-acquires-majority-stake-in-chinese-press-manufacturer), 2020-04-09: "The press manufacturer Schuler AG has acquired a majority shareholding in the Chinese machine tool manufacturer Yangzhou Metal Forming Machine Tool Co., Ltd. (Yadon) and thus strengthened its position in the world’s most important growth market for machine tools."

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