Tus Holdings to make a large investment in PEN Concept Group AB
The descion is planned to be made at the annual shareholder meeting where Tus Holding is planning to invest 20 million SEK in PEN Concept Group AB. The investment is planned to be made through their investment company Ningbo Tus- Yangmin.”TUS Holding wants to support the existing business of Pen Concept Group AB’s and with special focus on interior. The purpose is to support the growth in the Nordic countries and to help the company to grow also with acquisitions.Tus Holding as a large scale of assets in properties all over China which also gives possibilities for PEN to establish in the