# 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.

- Type: Acquisition
- Announced: 2017-01-25
- Where: Petach Tikva, Israel, Israel
- Value: $170.0M
- Status: announced
- Products: motion control hardware and software
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Servotronix Motion Control](https://endata.com/companies/16658.md) (target)
- [Ruth Wertheimer](https://endata.com/companies/16659.md) (investor)

## Sources

- [haaretz.com](https://www.haaretz.com/israel-news/business/2017-01-25/ty-article/chinese-company-to-buy-servotronix-at-170-million-valuation/0000017f-e701-df5f-a17f-ffdf34570000), 2017-01-25: "The family of industrialist Stef Wertheimer... is on their way to a second exit, selling their Servotronix Motion Control at a $170 million valuation."

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