# Huadong Heavy Machinery to acquire Guangdong Harvest Star Technology for USD442.5M

Huadong Heavy Machinery Co. will invest USD442.5 million to acquire 100% of Guangdong Harvest Star Technology Co., a CNC machine tool manufacturer, to enter the high-end equipment manufacturing industry.

- Type: Acquisition
- Announced: 2017-08-02
- Where: China
- Value: $442.5M
- Status: announced
- Products: CNC machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Huadong Heavy Machinery](https://endata.com/companies/17105.md) (acquirer)
- [Guangdong Harvest Star Technology Co.](https://endata.com/companies/17468.md) (target)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/huadong-heavy-machinery-to-acquire-100-of-cnc-machine-tool-maker-for-usd4425-million), 2017-08-02: "Huadong Heavy Machinery will invest USD442.5 million to acquire 100 percent of Guangdong Harvest Star Technology Co."

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