Rakon acquires Temex
Rakon Limited (NZX: RAK) is pleased to announce another important step in its ongoing building of a profitable growing Global Business.
Rakon’s European business will acquire the assets of French based competitor Temex in a move that will provide significant acceleration for Rakon’s growth in the High Performance, High Reliability sectors, plus add considerable IP and management depth to the European based teams.
More information can be found here: here.
Rakon expands in China
Rakon has announced it will begin the construction of a new Chinese manufacturing facility in conjunction with its existing Chinese joint venture partner.
This new facility will build upon the existing Chinese joint venture operations and enhance the capability of the New Zealand manufacturing facility.
More details can be found here.