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Enthone Acquires Chinese Electroplating Entities
October 10, 2006 |Estimated reading time: Less than a minute
WEST HAVEN, Conn. Enthone, Inc., a business of Cookson Electronics, acquired Shenzhen Hua-Mei Electroplating Technology Co., Ltd.; and Hua-Mei Tianjin Electroplating Technology Co., Ltd. in China. The entity created by the acquisition will conduct business as Guangzhou Cookson Trading Company, Co., Ltd.; the October 1, 2006, sale brought Enthone from 51% ownership of the companies to 100%.
The trading company based in Nansha, Guangzhou, China, north of the Pearl River Delta will coordinate with Enthone China operations in Chengdu and Xiamen. Guangzhou Cookson will exclusively market, promote, and sell the company's processes, products, technologies, and services in China. The company operates manufacturing facilities in Tianjin, and R&D and technical centers in Shanghai and Shenzhen. Enthone has invested about $15 million in China in the past four years to strengthen corporate infrastructure in that country.