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Hoshizaki Buys Stake In Chinese Dealer Beijing Royalkitchen


Hoshizaki Corp., through its wholly owned subsidiary Hoshizaki China Holdings, announced July 15 that it has agreed to acquire Beijing-based dealer Beijing Royalkitchen Science & Technology. Royalkitchen provides design and construction services for foodservice facilities for luxury hotels, business & industry, chains, supermarkets and c-stores. It had annual sales of RMB131 (approximately $19.4 million) in…

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