KALE ENVIRONMENTAL plans to acquire control of Kesheng Electromechanical to enter the core track of high-end coating equipment
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KALE ENVIRONMENTAL plans to acquire no less than 50% of the equity of Dongguan Kesheng Electromechanical Equipment Co., Ltd. in cash. Upon completion of the transaction, Kesheng Electromechanical will become its subsidiary. Kesheng Electromechanical focuses on the core components and process research and development of magnetron sputtering coating equipment, with products widely used in industries such as semiconductors and new energy. This acquisition will help KALE ENVIRONMENTAL quickly enter the high-end coating equipment market and enhance its strategic layout in the field of high-end intelligent manufacturing
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