The acquisition is part of Amiad Fiktration Systems’ strategy of long-term investment in China. Amiad began its operations in China in 1992 when it entered into a distributorship agreement with Taixing. Through its subsidiary in Singapore, Amiad Filtration Systems increased its stake in Taixing to 50% in 2005.
Amiad Filtration Systems plans to add to its manufacturing facilities in China, and significantly increase its sales and marketing.