Vital Materials Co., Limited signed a contract to acquire FHR Anlagenbau GmbH from centrotherm international AG (DB:CTNK) on December 5, 2019. The transaction is expected to complete by the end of February 2020. The proceeds of the transaction will used to strengthen the equity of the technology and system supplier and will also be invested in the development of new production solutions for the photovoltaics, semi-conductor as well as other industries.