The Svedish company will relocate their operations in China to Avian’s facility located in Shanghai.
Avian Machinery is Asia’s second largest manufacturer of granulator machinery, with a comprehensive network across the region and a leading market position in China. The company manufactures and sells a broad range of equipment, from heavy to small-sized granulators, as well as pulverizers, shredders and post-recycling equipment.
The new investment reflects a significant step forward in Rapid’s Asian capabilities, giving the company access to a well established Chinese and Asian distribution network, as well as significantly expanding its local manufacturing and assembly capabilities. The acquisition will mean Rapid is able to service local Chinese and Asian customers more quickly and efficiently, reduce lead times and boost its competitiveness in the Asian market.
As part of the agreement, Rapid will relocate their operations in China to Avian’s 50,000 sq. m facility located in Shanghai, China. This ten-fold expansion in production space means Rapid will be now able to manufacture and assemble more of its own product range in China for local customers.
Mark Miao, President and owner of Avian Machinery will remain with the group after the acquisition as General Manager for their Chinese operations.