Zhejiang Linor to acquire Xuzhou Chemical Machinery for 260 million yuan

Zhejiang Linor plans to buy 100% of Xuzhou Chemical Machinery (Xuhua Machine) for 260 million yuan in cash, making it a wholly-owned subsidiary. The deal strengthens Linor's control valve business and its presence in northern China.

“The company plans to acquire 100% equity of Xuhua Machine by purchasing the equity held by the original shareholders of the target company for cash of 260 million yuan.”longbridge.com

• 1 source
• longbridge.comLINOR plans to acquire 100% equity of Xuhua Machinery for 260 million yuan to strengthen its valve business | LongbridgeJun 6, 2025

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