# Chinese consortium led by Jack Ma to acquire Esaote

A consortium of Chinese investors, including YF Capital, Beijing Wandong Medical Technology, Shanghai FTZ Fund, Shanghai Tianyi Industries, Jangsu Yuyue Science & Technology, and Shanghai Kangda Medical Equipment, agreed to acquire Esaote, an Italian manufacturer of medical diagnostic systems.

- Type: Acquisition
- Announced: 2017-12-11
- Where: Italy
- Value: $470.0M (400.0M EUR)
- Status: announced
- Products: medical diagnostic systems
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Esaote](https://endata.com/companies/18008.md) (target)
- [YF Capital](https://endata.com/companies/18009.md) (acquirer)
- [Beijing Wandong Medical Technology](https://endata.com/companies/18010.md) (acquirer)
- [Shanghai FTZ Fund Management](https://endata.com/companies/18011.md) (acquirer)
- [Shanghai Tianyi Industries Holding](https://endata.com/companies/18012.md) (acquirer)
- [Jangsu Yuyue Science & Technology Development](https://endata.com/companies/18013.md) (acquirer)
- [Shanghai Kangda Medical Equipment Group](https://endata.com/companies/18014.md) (acquirer)

## Sources

- [bebeez.eu](https://bebeez.eu/2017/12/11/leading-manufcturer-of-medical-diagnostic-systems-esaote-to-be-bought-by-chinese-consortium-led-by-jack-ma/), 2017-12-11: "Italy’s Esaote, one of the world’s leading manufacturer of medical diagnostic systems, becomes Chinese."

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