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October 3, 2007
By: TOM BRANNA
Editor
CHINA: The Risdon Group has signed a definitive agreement to acquire Decorpart Asia Suzhou Limited, a wholly foreign-owned enterprise (WFOE) of the PD Group Limited of Nelson, Lancashire, England. A purchase price was not disclosed. Decorpart Asia, located in Suzhou, China, is a major manufacturer of metal cosmetics packaging components. Risdon-nominated directors have taken majority control of Decorpart Asia’s board and control of day-to-day operations. With the investment in the Decorp...
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