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Majority stake Announced May 2017

Haier acquires 51% stake in Austrian solar collector maker Greenonetec

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Relationship map for Haier acquires 51% stake in Austrian solar collector maker Greenonetecparent ofHaier: Operating CompanyHAHaierGreenonetec: Operating CompanyGRGreenonetec
Operating Company

Parties

Acquirer
Haier
Operating Company
Target
Greenonetec
Operating Company

Summary

Haier acquired a 51% stake in Austrian company Greenonetec, the world's largest manufacturer of thermal flat plate collectors, with the founder retaining managing-director role and half the voting rights.

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