Orient Precision Machinery: Completes the Sale of Equity in Three Subsidiaries Including Fosber Group

date
13/04/2026
Dongfang Precision Machinery announced that Dongfang Precision Machinery and its subsidiaries have sold 100% equity of Fosber Group, Fosber Asia, and Tirua Asia held by Foresight US and Foresight Italy. The total transaction price is 817 million euros and the delivery was completed on April 9, 2026. The base price for Fosber Group is 637 million euros, Fosber Asia is 125 million euros, and Tirua Asia is 12.036 million euros. The transaction parties have paid the full transaction price, and the debts and credits of the target companies have been transferred. This transaction does not constitute a related-party transaction, nor does it constitute a restructuring for listing.