# Jereh Group subsidiary to acquire 75% stake in Hunan Xianrui Environmental Technology

Jereh Group's subsidiary Jereh Environmental Technology plans to invest CNY 209.25 million to acquire a 75% stake in Hunan Xianrui Environmental Technology through share transfer and capital increase.

- Type: Acquisition
- Announced: 2017-10-18
- Where: Changsha, Hunan, China
- Value: $31.5M (209.3M CNY)
- Status: announced
- Products: environmental protection equipment, wastewater treatment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Jereh](https://endata.com/companies/4945.md) (acquirer)
- [Jereh Environmental Technology](https://endata.com/companies/28018.md) (acquirer)
- [Hunan Xianrui Environmental Technology](https://endata.com/companies/28019.md) (target)

## Sources

- [stock.cngold.org](https://stock.cngold.org/gsgg/c391237.htm), 2017-10-18: "杰瑞环保拟出资20,925万元人民币通过受让股权以及增资的方式对湖南先瑞进行投资，其中通过股权转让取得60.6631%股权，通过增资取得14.3369%股权。"

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