Shanghai Pharmaceuticals acquires Fimet Oy and its operations in Finland and China


alopah Date:2021-07-09 14:09:46 From:scandasia
Views:117 Reply:0

The Chinese pharmaceutical company Shanghai Pharmaceuticals Holding Co. has acquired 100% of the share capital of the Finnish dental equipment manufacturer Fimet Oy along with its operations in Finland and China, Helsinki Times reports.

Fimet Oy manufactures and sells dental care units in Europe and China and together with Shanghai Pharmaceuticals the companies will benefit from large scales of purchase volumes and manufacturing and combined with European technology it will give a strategic edge.

Shanghai Pharmaceuticals

About the acquisition, Shen Qi, from Shanghai Pharmaceuticals says, “Fimet Oy is a profitable and professionally run company with a long history, good market position, good reputation, and product portfolio so we are delighted to enter the dental equipment market with them. This acquisition strengthens Fimet’s position on the market and increases the market share in China and is synergistic with Shanghai Pharmaceuticals’ strategic aspiration to become a significant global player in the dental equipment business.

“We will continue to look for partners in the European market, looking for suitable new technologies and new products, and constantly enrich our product portfolio to offer more complete solutions to dental professionals” Shen Qi adds.

The sellers consist of a group of private investors and entrepreneurs and representing them is Turo Levänen former Chairman of the Board who says that the previous owners of Fimet are happy with the new owners. “Selling the shares to Shanghai Pharmaceuticals was a very natural solution as both had long and successful partnering over 25 years. Fimet is now ready for the next step and to grow into a more significant position in the global markets. Shanghai Pharmaceuticals is a very large company providing a solid base for long term investments and development of Fimet as well as has given a strong commitment to future”

Leave a comment

You must Register or Login to post a comment.
Mobile qrcode
Medical information in alopah.com
Hot Topics
2021-09-16
0
내재적 가치가 없습니다. 우리가 다시 구매 한지지와 저항을 식별하는 데 여전히 어려움을 겪고 있다면 바로 여기에서이 주제에 대한 정보를 읽으십시오.지지 및 저항 구역-성공적인 거래로가는 길. 위의 결정에서 우리는 비트 코인의 가치가 저항을 넘어서지 못하는 반면 이더 리움의 가치는 넘어서 새로운 최고치를 기록한 것을 발견 할 수 있습니다. 예를 들어, 이더 리움의 가치가 중요한 저항이나 높은… Continue reading 빠른 N 26 : 온라인 거래 계정에 대한 간단한 가이드-투자