SECO S.p.A. invests €9m in Qiyang Technology, takes full ownership of Fannal Electronics and Seco Asia

SECO S.p.A. is investing €9 million to acquire a stake in Qiyang Technology and allocating €23 million to acquire the remaining 45% stake in Fannal Electronics, bringing ownership to 100%. It will also exercise a call option to acquire the 49% stake in Seco Asia held by Simest.

Detected & updated continuously · Source: Nebula