Yongchuang Smart to acquire Guang Erqing Smart for $35.5M

Hangzhou Yongchuang Smart Equipment Co., Ltd. announced it will acquire 100% of Guangdong Guang Erqing Smart Equipment Co., Ltd. for 245 million yuan in cash, to expand into primary packaging equipment for beverages.

“本次'永创智能'牵手'广二轻智能'，切入前道设备领域，其'前道+后道+智能包装生产线+智能制造'的全产业链布局将逐步落地。”clima.org.cn

• 1 source
• clima.org.cn永创智能拟2.45亿元收购广二轻智能100%股权 加速全产业链布局 - 液态食品装备 - 中国轻工机械协会Jun 2, 2017

Summarized from public sources; check the original articles before acting on it.