Dätwyler Holding AG (SWX:DAE) has agreed to acquire Yantai Xinhui Packing Co., Ltd. on December 7, 2021. With some 170 employees, it generates annual revenue of some CHF15 million. Closing of this contract is subject to the anticipated fulfilment of the customary closing conditions during the first quarter of 2022.

Dätwyler Holding AG (SWX:DAE) completed the acquisition of Yantai Xinhui Packing Co., Ltd. for CHF 58.9 million on March 1, 2022.