Schneider Kreuznach adds Hong Kong subsidiary

MARCH 6, 2008--The Schneider Group (Bad Kreuznach, Germany) has positioned itself to better address the rapidly growing Asian market with the foundation of a subsidiary in Hong Kong.

Mar 6th, 2008

MARCH 6, 2008--The Schneider Group (Bad Kreuznach, Germany), a producer of high-quality lenses, has positioned itself to better address the rapidly growing Asian market with the foundation of a new subsidiary in Hong Kong. Says Schneider Group managing director Josef Staub, "Looking forward, the OEM and industrial business throughout Asia will clearly be driven from Hong Kong. China, in particular, promises very strong growth, and with this new subsidiary we have strengthened our international position as we continue to develop as a global force in the industry."

Schneider Asia Pacific managing director Dirk Muschert says, "This brings us closer to our existing and future customers throughout the region and will enable us to better meet their specific needs as the industry's demand for high-quality German optical engineering grows."

In addition to its headquarters in Germany, the Schneider Group now holds subsidiaries and majority investments in the USA, the UK, South Korea, and Hong Kong. The Schneider Group's parent company, Jos. Schneider Optische Werke GmbH, holds 100% of the shares of Schneider Asia Pacific.

For more information, visit schneider-asiapacific.com.

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