China Market Insider Schuler's Chinese Subsidiary Yadon—a Model Example?
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Mechanical engineering in China is quickly catching up with large, intelligent punching systems. Leading the way is a company majority-owned by European stakeholders.
Yangzhou Metal Forming Machine Tool Co., Ltd., known as Yadon for short, has been majority-owned by the German Schuler Group since 2015. Schuler, in turn, is part of the Austrian technology group Andritz and secured a 51 percent stake in the Chinese press manufacturer at the time.
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