Chinese company to acquire Servotronix Motion Control at $170M valuation

A Chinese company traded on the Shanghai Stock Exchange is acquiring Servotronix Motion Control at a $170 million valuation. The deal includes a $50 million payment for a 30% stake held by Ruth Wertheimer and half of the remaining shares.

“The family of industrialist Stef Wertheimer... is on their way to a second exit, selling their Servotronix Motion Control at a $170 million valuation.”haaretz.com

• 1 source
• haaretz.comChinese Company to Buy Israel's Servotronix at $170 Million Valuation - BusinessEran AzranJan 25, 2017

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