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Mayar Holding Unit Terminates Plastic Chair Production MoU With China's Avant Sports

MT Newswires·12/07/2025 04:50:04
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04:50 AM EST, 12/07/2025 (MT Newswires) -- Mayar Holding (SASE:9568) said Sunday that its NewPlast unit ended its manufacturing deal with China's Shenzhen Avants Sports Industrial, effective Dec. 6. The memorandum of understanding, which was signed in June, covered the production of plastic chairs for sports stadiums, the vertical transport device manufacturer added.