Symphony has successfully acquired 100% equity share capital of Munters Keruilai Air Treatment Equipment (Guangdong) Company from Munters AB according to equity transfer agreement. The company has received Certificate of Approval for establishment of enterprises with foreign investment in the People’s Republic of China endorsing name of the company as Investors from the Chinese Authority.
Symphony recognizes the importance of emerging non-traditional segments and will evolve policies and develop products to fully harness their potential, while continuing to reap strong relationships with its vast network of dealers in the traditional trade channel.