Schmidt shareholding in China sold to partner

Chinese furniture manufacturer Suofeiya Home Collection Co. Ltd. (Guangzhou, Guangdong province) acquired the 49% stake held by French kitchen and home furniture manufacturer Schmidt Groupe S.A.S. (Lièpvre) in joint venture Schmidt Suofeiya Kitchen Cabinet Co. Ltd. (SSK) - which had been founded in 2014 - back in De...

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