ARBONIA

Sale of STI Precision Machining (Changshu) concluded

Arbon, 29 September 2014 – The sale of STI Precision Machining (Changshu) Co., Ltd., headquartered in Changshu, China, to FFG Finanzierungs- und Factorings AG, Balgach, Switzerland, which had been announced in June 2014, has been carried out as expected. The local Chinese authorities have granted their approval to the sale.

Contact:
Rudolf Graf
Chairman of the Board of Directors and interim CEO
T +41 71 447 45 46
rudolf.graf(at)afg.ch 

Fabienne Zürcher-Rohner
Manager Corporate Communications
T +41 71 447 45 54
fabienne.rohner(at)afg.ch 

 

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