Transaction and News
China’s Iecho Acquires German Company Aristo
October 21, 2024 at 12:55:25 AM
Iecho, a Chinese company specialising in digital cutting, announced the acquisition of 100% of the capital of Aristo, a German precision machinery company. Founded in 1862, Aristo is known for its precision cutting technology and German manufacturing. According to Iecho, this acquisition is a crucial step in its global strategy, in terms of technological upgrading, market expansion and brand influence. The combination of Aristo’s high-precision cutting technology and Iecho’s intelligent manufacturing technology will promote technological innovation and upgrading of Iecho’s products globally.
With Aristo’s historic market, Iecho will enter the European market more efficiently to enhance the global market position and enhance its brand status. Aristo, a German company with a long history, has a strong brand value that will support Iecho’s global market expansion and enhance its international competitiveness. The acquisition of Aristo is an important step in Iecho’s globalisation strategy, demonstrating Iecho’s firm determination to become a global leader in digital cutting. By combining Aristo’s craftsmanship with Iecho’s innovation, Iecho plans to further expand its overseas business and enhance its competitiveness in the global market through technology, products and services.
Fang Yunke, managing director of Iecho, stated that Aristo is a symbol of German industrial spirit and craftsmanship, and this acquisition is not only an investment in its technology, but also part of the completion of Iecho’s globalisation strategy. It will enhance Iecho’s global competitiveness and lay the foundation for continuous growth.
Lars Bochmann, the Managing Director of Aristo said, “As a part of Iecho, we are excited. This merger will bring new opportunities, and we look forward to working with the Iecho team to promote innovative technologies. We believe that by working together and integrating resources, we can provide better products and services to global users. We look forward to creating more success and opportunities under the new cooperation.”
- JEC -
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