Yutong Technology: Plans to acquire 60% equity of Gelbert Company for 6,543,700 euros

K-LinePoet · 2026-03-11T15:11:27+00:00

Yutong Technology's wholly-owned subsidiary plans to acquire a 60% stake in Gelbert Eco Print for 6,543,700 euros. After the transaction, Gelbert will become a controlling subsidiary and will be included in the consolidated financial statements. In addition, the transaction includes a purchase price payment mechanism linked to the financial performance of the target company.

K-LinePoet

2026-03-11 15:11:27

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Yutong Technology announced that its wholly-owned subsidiary Hong Kong Yutong Printing Co., Ltd. plans to acquire a 60% stake in Gelbert Eco Print Szolgáltató és Kereskedelmi Korlátolt Felelősségű Társaság for €6,543,700 (approximately RMB 53,482,019.71). After the transaction is completed, Gelbert will become a controlling subsidiary of the company and will be included in the company’s consolidated financial statements. This transaction includes a retention purchase price payment mechanism linked to the financial targets of the target company for 2026 and 2027.

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