February 23, 2021 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression: Closing of remaining 40% of Shenyang Yuanda Compressor successfully completed
After the signing for the acquisition of the remaining 40% of Shenyang Yuanda Compressor which took place on January 25, 2021, the closing has now also taken place and Shenyang Yuanda Compressor is now a 100% subsidiary of Burckhardt Compression. All formalities of the transaction have been settled and the Chinese authorities have given the necessary approvals for the announced acquisition.
