# Yunnan Water Investment acquires 97% stake in Pan-Asia International (Sishui)

Yunnan Water Investment Co., Ltd. (06839) announced that its wholly-owned subsidiary Yunnan Water Hong Kong will acquire 97% equity of Pan-Asia International (Sishui) for approximately RMB 376 million. The target company holds a 51% stake in Hohhot Chunhua Jiawei Water Co., Ltd., which operates a water treatment plant with a capacity of 400,000 tons per day.

- Type: Acquisition
- Announced: 2017-04-13
- Where: Hohhot, Inner Mongolia, China, China
- Value: $54.5M (376.0M CNY)
- Status: announced
- Capacity: 400,000 tons per day
- Products: water treatment services, purified water supply
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Yunnan Water Investment](https://endata.com/companies/19855.md) (acquirer)
- [Pan-Asia International (Sishui)](https://endata.com/companies/23608.md) (target)
- [Hohhot Chunhua Jiawei Water Co., Ltd.](https://endata.com/companies/23609.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/52618.html), 2017-04-14: "收购事项对首次于内蒙古收购水厂设施而言非常重要，并为中国内蒙古环保行业中更多的业务机会担当门户角色。"

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