# Al Fanar Company completes acquisition of B2B Automation Business from CG Power

Al Fanar Company Ltd. has completed the acquisition of the B2B Automation Business from CG Power and Industrial Solutions Limited and CG International B.V.

- Type: Acquisition
- Announced: 2017-03-05
- Status: completed
- Products: B2B automation solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [CG Power and Industrial Solutions](https://endata.com/companies/16858.md) (target)
- [Al Fanar Company](https://endata.com/companies/22637.md) (acquirer)
- [CG International B.V.](https://endata.com/companies/22638.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/CG-POWER-AND-INDUSTRIAL-S-6493187/news/Al-Fanar-Company-Ltd-completed-the-acquisition-of-B2B-Automation-Business-from-CG-Power-and-Industr-35174512/), 2017-03-05: "Al Fanar Company Ltd. completed the acquisition of B2B Automation Business from CG Power and Industrial Solutions Limited and CG International B.V."

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