# Baosi Energy Equipment acquires Suzhou Machine Tool Electrical Appliance Factory

Baosi Energy Equipment (Baosi Co., Ltd.) agreed to acquire 100% equity of Suzhou Machine Tool Electrical Appliance Factory Co., Ltd. for 73.4 million yuan (approximately $11 million). The target company produces circuit breakers, contactors, and relays.

- Type: Acquisition
- Announced: 2017-11-01
- Where: Suzhou Industrial Park, China
- Value: $11.0M (73.4M CNY)
- Status: announced
- Products: circuit breakers, contactors, relays
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Baosi Energy Equipment](https://endata.com/companies/17830.md) (acquirer)
- [Suzhou Machine Tool Electrical Appliance Factory](https://endata.com/companies/17831.md) (target)

## Sources

- [cs.com.cn](https://www.cs.com.cn/ssgs/gsxw/201711/t20171101_5548060.html), 2017-11-01: "鲍斯股份(300441)11月1日盘后发布公告称，公司拟以支付现金的方式收购颜明、陆扬、任荣桂合计持有的苏州机床电器厂有限公司100%股权。"

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