# Yawei to acquire 82% stake in Haco EU for up to EUR 8.7 million

Jiangsu Yawei Machine Tool Co., Ltd. signed a supplementary letter of intent on 16 October 2026 to acquire 82% of Haco EU and related technology from Haco NV for up to EUR 8.7 million. The deal includes a technology transfer for press brake, shear, mechanical press and hydraulic press technologies.

- Type: Acquisition
- Announced: 2026-10-16
- Where: Belgium
- Value: $9.50M (8.70M EUR)
- Status: announced
- Products: Press brakes, Shears, Mechanical presses, Hydraulic presses, CNC control technology, Machine control software
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [HACO A/S](https://endata.com/companies/66532.md) (target)
- [Jiangsu Yawei Machine Tool](https://endata.com/companies/82437.md) (acquirer)
- [NV Haco EU Technology](https://endata.com/companies/94629.md) (target)
- [Haco-Atlantic, Inc.](https://endata.com/companies/94630.md) (target)

## Sources

- [finance.sina.cn](https://finance.sina.cn/2026-10-16/detail-inivmiin1685519.d.html?vt=4), 2026-10-16: "本次合作是公司落实'全球突破'发展战略的核心举措，将帮助公司快速搭建海外本地化运营体系，补齐高端技术短板"
- [kmo.partners](https://www.kmo.partners/2026/10/21/yawei-meerderheidsaandeelhouder-haco-moeskroen-europese-zetel/), 2026-10-21: "In een mededeling van 16 oktober schrijft Yawei dat het 82 procent van Haco EU wil verwerven, via de aankoop van aandelen en een kapitaalverhoging."

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