# 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.

- Type: Acquisition
- Announced: 2017-06-02
- Where: China
- Value: $35.5M (245.0M CNY)
- Status: announced
- Products: packaging equipment, filling machines, bottle washers, sterilizers
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Hangzhou Yongchuang Smart Equipment Co., Ltd.](https://endata.com/companies/24663.md) (acquirer)
- [Guangdong Guang Erqing Smart Equipment Co., Ltd.](https://endata.com/companies/24664.md) (target)

## Sources

- [clima.org.cn](http://www.clima.org.cn/news/show-2344.html), 2017-06-02: "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。"

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