# WUS Printed Circuit acquires 80% of Schweizer Electronic (Jiangsu)

Schweizer Electronic AG completed the sale of 80% of its Chinese subsidiary Schweizer Electronic (Jiangsu) to WUS Printed Circuit (Kunshan) for an undisclosed price. Schweizer retains a 20% stake in the joint venture.

- Type: Acquisition
- Announced: 2023-04-25
- Where: China
- Status: completed
- 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) (target)
- [Schweizer Electronic (Jiangsu)](https://endata.com/companies/67502.md) (target)
- [WUS Printed Circuit (Kunshan)](https://endata.com/companies/70026.md) (acquirer)

## Sources

- [schweizer.ag](https://schweizer.ag/en/news-details/sale-of-schweizer-china-shares-to-wus-kunshan-successfully-completed-group-figures-for-2022-confirmed), 2023-04-28: "The sale of the majority of Schweizer Electronic (Jiangsu) to WUS Printed Circuit (Kunshan) was successfully completed on 25 April with receipt of the full agreed purchase price."

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