BALDA: Share purchase of Malaysian joint venture

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BALDA

Share purchase of Malaysian joint venture

German injection moulding group Balda (Bad Oeynhausen; www.balda.de) is buying out its partner, Thong Fook Electronics, in the 50:50 joint venture Balda-Thong Fook Solutions (Ipoh / Malaysia). The share purchase is being transacted through Balda Investments Singapore. Financial details have not been disclosed. In fiscal 2005, Balda-Thong Fook Solutions had sales equivalent to EUR 33.6m.

31.01.2006 Plasteurope.com [204525]

Published on 31.01.2006

Balda: JV-Anteile in Malaysia übernommen

German version of this article...

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