GUARNIFLON HITS ANOTHER SIGNIFICANT MILESTONE IN CHINA THROUGH THE MERGER WITH SHANGHAI MARTINA POLYMER MATERIALS CO. LTD.
Following months of negotiations, Guarniflon® Spa agrees to purchase a share of Shanghai Martina Polymer Materials Co., Ltd with the objective to expand its presence in the Chinese market.
Martina Polymers has been active in China with the distribution of industrial components manufactured in Europe and assembled into finished systems made in China, driven by one core value proposition: customer intimacy. Thanks to the experience in fluoropolymers developed in over 20 years by Martina’s owner Mr. Luo Rong, Guarniflon® SpA is now able to approach new market segments in the Chinese market focusing on fluoropolymer and PTFE products. This is the second merger and acquisition project in 2 years since setting up Zhejiang Green Guarniflon Film Technology manufacturing operations in Quzhou for cast films. Martina Polymers is located in Shanghai Pudong, one of the fastest growing Chinese financial and business districts. Please get in touch with Mr. Luo Rong for any further information you may need.
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