Essentra Overseas to acquire 73% stake in Jiangxi Hengzhu for £11 million
LONDON: Essentra PLC (LON: ESNT) subsidiary Essentra Overseas Limited has signed an agreement to purchase the business of Jiangxi Hengzhu Electrical Cabinet Lock Co., Ltd via a newco, a news release said. Closing of this transaction is subject to customary…