{"id":27135,"date":"2026-11-09T11:18:33","date_gmt":"2026-11-09T09:18:33","guid":{"rendered":"https:\/\/investinnavarra.com\/viscofan-acelera-su-expansion-en-asia-con-la-compra-del-85-de-la-china-haiaos\/"},"modified":"2026-11-09T11:24:18","modified_gmt":"2026-11-09T09:24:18","slug":"viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos","status":"publish","type":"post","link":"https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/","title":{"rendered":"Viscofan accelerates its expansion in Asia with the acquisition of 85% of Chinese firm Haiaos"},"content":{"rendered":"

The Navarra-based multinational, which specialises in casings for the meat industry, has reached an agreement in principle to acquire up to 85% of this Chinese collagen casing manufacturer, valued at \u20ac133 million.<\/strong><\/h3>\n

\u201cAn important step\u201d in its strategic plan<\/h4>\n

Viscofan has reached an agreement in principle, through its Chinese subsidiary Viscofan Technology, to acquire up to 85% of Haiaos. The company, based in Zibo, produces and distributes collagen casings. In 2025 it posted revenue of \u20ac57.5 million and EBITDA of \u20ac16.5 million, and it is listed on the NEEQ, China\u2019s third-largest stock market.<\/p>\n

According to Viscofan, the deal is \u201can important step\u201d in delivering its Beat\u201930 strategic plan, as it strengthens its commitment to accelerating growth and profitability in China and the Asia-Pacific region. Combining Haiaos\u2019s local capabilities with the group\u2019s technological, industrial and commercial expertise \u201cwill allow it to offer customers in the region a more complete commercial proposition, backed by greater production capacity and a stronger industrial presence\u201d.<\/p>\n

Valuation and deal structure<\/h4>\n

The agreement values 100% of Haiaos at \u20ac133 million, putting the 85% stake at around \u20ac113 million. The final price will be adjusted for net debt and working capital at closing. The agreement in principle has been signed with shareholders holding 58.94% of the capital, and Viscofan plans to bring in the remaining investors to reach 85%. The founders will temporarily retain the remaining 15%, which Viscofan will acquire on the third anniversary of closing.<\/p>\n

Completion expected in 2027<\/h4>\n

The contractual documentation will be signed in the coming weeks, and completion is expected in the first quarter of 2027, when Viscofan will take operational and management control. Completion is subject to conditions including the group reaching at least 80% of the capital. The acquisition will be financed through internal funds and local borrowing, without \u201cmaterially affecting Viscofan\u2019s financial position or its shareholder remuneration policy\u201d.<\/p>\n

The deal comes at a strong moment for Viscofan, which reported record sales of \u20ac965 million to September and a 2.9% rise in profit.<\/p>\n

Source<\/strong>: El Economista<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Navarra-based multinational, which specialises in casings for the meat industry, has reached an agreement in principle to acquire up to 85% of this Chinese collagen casing manufacturer, valued at \u20ac133 million. \u201cAn important step\u201d in its strategic plan Viscofan has reached an agreement in principle, through its Chinese subsidiary Viscofan Technology, to acquire up […]<\/p>\n","protected":false},"author":2,"featured_media":27136,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-27135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-invest-in-en"],"yoast_head":"\nViscofan accelerates its expansion in Asia with the acquisition of 85% of Chinese firm Haiaos • Invest In Navarra<\/title>\n<meta name=\"description\" content=\"The Navarra-based multinational, which specialises in casings for the meat industry, has reached an agreement in principle to acquire up to 85% of this Chinese collagen casing manufacturer, valued at \u20ac133 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Viscofan accelerates its expansion in Asia with the acquisition of 85% of Chinese firm Haiaos • Invest In Navarra\" \/>\n<meta property=\"og:description\" content=\"The Navarra-based multinational, which specialises in casings for the meat industry, has reached an agreement in principle to acquire up to 85% of this Chinese collagen casing manufacturer, valued at \u20ac133 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/\" \/>\n<meta property=\"og:site_name\" content=\"Invest In Navarra\" \/>\n<meta property=\"article:published_time\" content=\"2026-11-09T09:18:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-11-09T09:24:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/investinnavarra.com\/wp-content\/uploads\/2026\/11\/Viscofan-2.jpg.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1300\" \/>\n\t<meta property=\"og:image:height\" content=\"867\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"jyuguero\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"jyuguero\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\\\/\"},\"author\":{\"name\":\"jyuguero\",\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/#\\\/schema\\\/person\\\/caf93abf312fad66ad0aeb77042a08ef\"},\"headline\":\"Viscofan accelerates its expansion in Asia with the acquisition of 85% of Chinese firm Haiaos\",\"datePublished\":\"2026-11-09T09:18:33+00:00\",\"dateModified\":\"2026-11-09T09:24:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\\\/\"},\"wordCount\":335,\"publisher\":{\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/investinnavarra.com\\\/wp-content\\\/uploads\\\/2026\\\/11\\\/Viscofan-2.jpg.webp\",\"articleSection\":[\"Invest In\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\\\/\",\"url\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\\\/\",\"name\":\"Viscofan accelerates its expansion in Asia with the acquisition of 85% of Chinese firm Haiaos • Invest In Navarra\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/investinnavarra.com\\\/wp-content\\\/uploads\\\/2026\\\/11\\\/Viscofan-2.jpg.webp\",\"datePublished\":\"2026-11-09T09:18:33+00:00\",\"dateModified\":\"2026-11-09T09:24:18+00:00\",\"description\":\"The Navarra-based multinational, which specialises in casings for the meat industry, has reached an agreement in principle to acquire up to 85% of this Chinese collagen casing manufacturer, valued at \u20ac133 million.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/investinnavarra.com\\\/en\\\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\\\/#primaryimage\",\"url\":\"https:\\\/\\\/investinnavarra.com\\\/wp-content\\\/uploads\\\/2026\\\/11\\\/Viscofan-2.jpg.webp\",\"contentUrl\":\"https:\\\/\\\/investinnavarra.com\\\/wp-content\\\/uploads\\\/2026\\\/11\\\/Viscofan-2.jpg.webp\",\"width\":1300,\"height\":867,\"caption\":\"Viscofan\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/\",\"name\":\"Invest In Navarra\",\"description\":\"Herramienta del Gobierno de Navarra para atraer nuevas inversiones a Navarra\",\"publisher\":{\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/#organization\",\"name\":\"Invest In Navarra\",\"url\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/investinnavarra.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/logo-invest-v1-b.png\",\"contentUrl\":\"https:\\\/\\\/investinnavarra.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/logo-invest-v1-b.png\",\"width\":768,\"height\":277,\"caption\":\"Invest In Navarra\"},\"image\":{\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/#\\\/schema\\\/person\\\/caf93abf312fad66ad0aeb77042a08ef\",\"name\":\"jyuguero\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/bec022f537bc5c4a4fc04358e7a6da57256902c0ca8b5694162efa5e686de828?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/bec022f537bc5c4a4fc04358e7a6da57256902c0ca8b5694162efa5e686de828?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/bec022f537bc5c4a4fc04358e7a6da57256902c0ca8b5694162efa5e686de828?s=96&d=mm&r=g\",\"caption\":\"jyuguero\"},\"url\":\"https:\\\/\\\/investinnavarra.com\\\/en\\\/author\\\/jyuguero\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Viscofan accelerates its expansion in Asia with the acquisition of 85% of Chinese firm Haiaos • Invest In Navarra","description":"The Navarra-based multinational, which specialises in casings for the meat industry, has reached an agreement in principle to acquire up to 85% of this Chinese collagen casing manufacturer, valued at \u20ac133 million.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/","og_locale":"en_US","og_type":"article","og_title":"Viscofan accelerates its expansion in Asia with the acquisition of 85% of Chinese firm Haiaos • Invest In Navarra","og_description":"The Navarra-based multinational, which specialises in casings for the meat industry, has reached an agreement in principle to acquire up to 85% of this Chinese collagen casing manufacturer, valued at \u20ac133 million.","og_url":"https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/","og_site_name":"Invest In Navarra","article_published_time":"2026-11-09T09:18:33+00:00","article_modified_time":"2026-11-09T09:24:18+00:00","og_image":[{"width":1300,"height":867,"url":"https:\/\/investinnavarra.com\/wp-content\/uploads\/2026\/11\/Viscofan-2.jpg.webp","type":"image\/webp"}],"author":"jyuguero","twitter_card":"summary_large_image","twitter_misc":{"Written by":"jyuguero","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/#article","isPartOf":{"@id":"https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/"},"author":{"name":"jyuguero","@id":"https:\/\/investinnavarra.com\/en\/#\/schema\/person\/caf93abf312fad66ad0aeb77042a08ef"},"headline":"Viscofan accelerates its expansion in Asia with the acquisition of 85% of Chinese firm Haiaos","datePublished":"2026-11-09T09:18:33+00:00","dateModified":"2026-11-09T09:24:18+00:00","mainEntityOfPage":{"@id":"https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/"},"wordCount":335,"publisher":{"@id":"https:\/\/investinnavarra.com\/en\/#organization"},"image":{"@id":"https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/#primaryimage"},"thumbnailUrl":"https:\/\/investinnavarra.com\/wp-content\/uploads\/2026\/11\/Viscofan-2.jpg.webp","articleSection":["Invest In"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/","url":"https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/","name":"Viscofan accelerates its expansion in Asia with the acquisition of 85% of Chinese firm Haiaos • Invest In Navarra","isPartOf":{"@id":"https:\/\/investinnavarra.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/#primaryimage"},"image":{"@id":"https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/#primaryimage"},"thumbnailUrl":"https:\/\/investinnavarra.com\/wp-content\/uploads\/2026\/11\/Viscofan-2.jpg.webp","datePublished":"2026-11-09T09:18:33+00:00","dateModified":"2026-11-09T09:24:18+00:00","description":"The Navarra-based multinational, which specialises in casings for the meat industry, has reached an agreement in principle to acquire up to 85% of this Chinese collagen casing manufacturer, valued at \u20ac133 million.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/investinnavarra.com\/en\/viscofan-accelerates-its-expansion-in-asia-with-the-acquisition-of-85-of-chinese-firm-haiaos\/#primaryimage","url":"https:\/\/investinnavarra.com\/wp-content\/uploads\/2026\/11\/Viscofan-2.jpg.webp","contentUrl":"https:\/\/investinnavarra.com\/wp-content\/uploads\/2026\/11\/Viscofan-2.jpg.webp","width":1300,"height":867,"caption":"Viscofan"},{"@type":"WebSite","@id":"https:\/\/investinnavarra.com\/en\/#website","url":"https:\/\/investinnavarra.com\/en\/","name":"Invest In Navarra","description":"Herramienta del Gobierno de Navarra para atraer nuevas inversiones a Navarra","publisher":{"@id":"https:\/\/investinnavarra.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/investinnavarra.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/investinnavarra.com\/en\/#organization","name":"Invest In Navarra","url":"https:\/\/investinnavarra.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/investinnavarra.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/investinnavarra.com\/wp-content\/uploads\/2022\/05\/logo-invest-v1-b.png","contentUrl":"https:\/\/investinnavarra.com\/wp-content\/uploads\/2022\/05\/logo-invest-v1-b.png","width":768,"height":277,"caption":"Invest In Navarra"},"image":{"@id":"https:\/\/investinnavarra.com\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/investinnavarra.com\/en\/#\/schema\/person\/caf93abf312fad66ad0aeb77042a08ef","name":"jyuguero","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/bec022f537bc5c4a4fc04358e7a6da57256902c0ca8b5694162efa5e686de828?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/bec022f537bc5c4a4fc04358e7a6da57256902c0ca8b5694162efa5e686de828?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bec022f537bc5c4a4fc04358e7a6da57256902c0ca8b5694162efa5e686de828?s=96&d=mm&r=g","caption":"jyuguero"},"url":"https:\/\/investinnavarra.com\/en\/author\/jyuguero\/"}]}},"_links":{"self":[{"href":"https:\/\/investinnavarra.com\/en\/wp-json\/wp\/v2\/posts\/27135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investinnavarra.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investinnavarra.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investinnavarra.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/investinnavarra.com\/en\/wp-json\/wp\/v2\/comments?post=27135"}],"version-history":[{"count":2,"href":"https:\/\/investinnavarra.com\/en\/wp-json\/wp\/v2\/posts\/27135\/revisions"}],"predecessor-version":[{"id":27138,"href":"https:\/\/investinnavarra.com\/en\/wp-json\/wp\/v2\/posts\/27135\/revisions\/27138"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investinnavarra.com\/en\/wp-json\/wp\/v2\/media\/27136"}],"wp:attachment":[{"href":"https:\/\/investinnavarra.com\/en\/wp-json\/wp\/v2\/media?parent=27135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investinnavarra.com\/en\/wp-json\/wp\/v2\/categories?post=27135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investinnavarra.com\/en\/wp-json\/wp\/v2\/tags?post=27135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}