Chinese container maker buys Switzerland’s SIGG from Riverside
Zhejiang Haers Vacuum Containers, a Chinese stainless vacuum container manufacturer, has agreed to pay The Riverside Company CHF16.1 million ($16.6 million) in cash for Swiss bottle maker SIGG.
Zhejiang Haers said in a filing that it has signed agreement to acquire 100% of SIGG from Riverside Europe Fund IV, which closed in 2010 at EUR420 million ($474 million). Through the SIGG purchase, Haers...
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