# Chang'an Renheng proposes to acquire Jianping Huate North Chemical

Chang'an Renheng signed a memorandum of understanding on December 30, 2016 to purchase all shares of Jianping Huate North Chemical, a Chinese producer of bentonite products, from Zhejiang Fenghong New Material.

- Type: Acquisition
- Announced: 2017-01-03
- Where: China
- Status: announced
- Products: bentonite products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Chang'an Renheng](https://endata.com/companies/21157.md) (acquirer)
- [Jianping Huate North Chemical](https://endata.com/companies/21158.md) (target)
- [Zhejiang Fenghong New Material](https://endata.com/companies/21159.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/38033.html), 2017-01-03: "经考虑目标公司对提升有关膨润土的产能及将现有产品多样化的潜力，该公司董事认为收购目标公司符合该公司利益"

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