Saurer Intelligent Technology completes acquisition of remaining 5% stake in Zhuolang Intelligent Machinery

Saurer Intelligent Technology Co., Ltd. completed the acquisition of the remaining 5% stake in Zhuolang Intelligent Machinery Co., Ltd. from Shanghai Yongyun Huachuang Equity Investment Partnership Enterprise (LP) for approximately CNY 720 million. The deal was signed on November 29, 2017 and completed on December 29, 2017.

“Saurer Intelligent Technology Co., Ltd. completed acquisition of remaining 5% stake in Zhuolang Intelligent Machinery Co., Ltd. from Shanghai Yongyun Huachuang Equity Investment Partnership Enterprise (LP) on December 29, 2017.”marketscreener.com

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• marketscreener.comSaurer Intelligent Technology Co., Ltd. completed acquisition of remaining 5% stake in Zhuolang Intelligent Machinery Co., Ltd. from Shanghai Yongyun Huachuang Equity Investment Partnership Enterprise (LP).MarketScreenerDec 28, 2017

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