PEN Concept: PEN signs agreement regarding the sale of PEN Qingdao LTD and PEN Shop Concept AB
Shanghai Tengta Enterprise Management Consulting Co., Ltd will acquire the companies' all shares in PEN Qingdao LTD and PEN Shop Concept AB for a purchase price of SEK 5 million.
This means that the PEN Concept Group will focus on two business areas Restaurant and Fair through its subsidiaries PEN Interiör AB and Goods Sweden AB