TagMaster opens Shanghai office

In the process of acquiring the assets from its Chinese distributor, shanghai richor Commercial Co., ltd., TagMaster now opens a new office downtown shanghai.
After a period of negotiations it is now decided that the acquisition of the assets in shanghai richor Commercial Co., ltd. will be realised. an agreement has been settled between the companies, stating that richors activities from now on will be carried out in the name of TagMaster and in the new facilities. The acquisition will be completed in October 2007. The new TagMaster subsidiary will be named TagMaster Identification Technology (Shanghai) Co. Ltd.
I am very pleased that we have come to this important agreement with richor. With the agreement in place TagMaster can fulfil its ambitions in China. Being able to reach local agreements with several very interesting distributors and partners, with our own people, will get us closer to the fast growing Chinese market. says anders Holmlund, CEO, TagMaster AB.
I am very pleased that we have come to this important agreement with richor. With the agreement in place TagMaster can fulfil its ambitions in China. Being able to reach local agreements with several very interesting distributors and partners, with our own people, will get us closer to the fast growing Chinese market. says anders Holmlund, CEO, TagMaster AB.
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