Datwyler closed the acquisition of Yantai Xinhui Packing
China is the largest emerging market for pharmaceuticals. Datwyler expects the relevant healthcare market to grow by more than 10% annually in the coming years.
Modern plant with spare capacity
Yantai Xinhui Packing has a modern plant with spare capacity for the production of elastomer components for healthcare applications. With some 170 employees, the company generates annual revenue of around CHF 15 million. With Yantai Xinhui Packing, Datwyler is acquiring an important local presence in China. This will enable Datwyler to play an active role in the Chinese healthcare market and to participate more strongly than before in its growth.
Optimal platform to participate in the growth of the Chinese healthcare market
Yantai Xinhui Packing brings a modern production plant, motivated employees, existing customer contacts and a well-established sales organization. Datwyler contributes its core competencies in solution design, material knowhow and operational excellence as well as its global industry experience. Together, the two companies will create an optimal platform for local production and marketing of Datwyler’s product range for the Chinese healthcare market.
Datwyler is focusing on high-quality, system-critical elastomer components and has leading positions in attractive global markets such as healthcare, mobility, food & beverage and general industry. With its recognized core competencies and technological leadership, the company delivers added value to customers in the markets served. Datwyler concentrates on markets that offer opportunities to create more value and sustain profitable growth. With more than 20 operating companies, sales in over 100 countries and close to 7’000 employees Datwyler, headquartered in Switzerland, generates annual sales of more than CHF 1’000 million. The company has been listed on the SIX Swiss Exchange since 1986 (security no. 3048677).
Dätwyler Holding AG
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http://www.daetwyler.ch
Head Corporate Communications
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Fax: +41 (41) 87512-05
E-Mail: guido.unternaehrer@daetwyler.ch
