News

Prime Tanning sells 50% stake in Prime Asia

01/02/2002

Prime Tanning of the US and the Pou Chen Group of Taiwan announced today (February 1, 2002) that Pou Chen had purchased Prime’s 50% interest in Prime Asia Leather Corporation. Prime Asia was a 50-50 joint venture between Prime Tanning and Pou Chen, formed in 1996 to supply leather for the US and European footwear brands as they moved their production to Asia.

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