# Schweizer Electronic sells 57% stake in Chinese subsidiary to WUS Printed Circuit

Schweizer Electronic AG has agreed to sell approximately 57% of its shares in its Chinese subsidiary Schweizer Electronic (Jiangsu) Co., Ltd. to WUS Printed Circuit (Kunshan) Co., Ltd., increasing WUS's stake to 70% upon closing.

- Type: Acquisition
- Announced: 2022-12-22
- Where: Jintan, China
- Status: announced
- Products: printed circuit boards, chip embedding technology
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Schweizer Electronic](https://endata.com/companies/67500.md)
- [WUS Printed Circuit](https://endata.com/companies/67501.md) (acquirer)
- [Schweizer Electronic (Jiangsu)](https://endata.com/companies/67502.md) (target)

## Sources

- [schweizer.ag](https://schweizer.ag/newsdetail/schweizer-electronic-ag-schweizer-ordnet-china-geschaeft-neu), 2022-12-22: "SCHWEIZER ordnet China-Geschäft neu"

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