# KraussMaffei signs letter of intent to acquire Yiyang Rubber & Plastics Machinery

KraussMaffei Company Limited signed a letter of intent to acquire Yiyang Rubber & Plastics Machinery Group Co. Ltd. from China National Chemical Equipment Corporation for approximately CNY 520 million.

- Type: Acquisition
- Announced: 2025-07-14
- Where: China
- Value: $72.0M (520.0M CNY)
- Status: announced
- Products: rubber and plastics machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [KraussMaffei](https://endata.com/companies/11510.md) (acquirer)
- [Yiyang Rubber & Plastics Machinery Group](https://endata.com/companies/16874.md) (target)
- [China National Chemical Equipment](https://endata.com/companies/17811.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/news/kraussmaffei-company-limited-signed-a-letter-of-intent-to-acquire-yiyang-rubber-plastics-machinery-ce7e5bdbd98ef42c), 2025-07-14: "KraussMaffei Company Limited signed a letter of intent to acquire Yiyang Rubber & Plastics Machinery Group Co. Ltd. from China National Chemical Equipment Corporation for approximately CNY 520 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.