# Sanlian Hongpu to acquire 80% of Polymetrix Holding for CHF 20.56M

Sanlian Hongpu, through its subsidiary Sanlian Materials, agreed to acquire 80% of Polymetrix Holding AG from Bühler Holding AG for CHF 20.56 million, expanding into industrial yarn, PET bottle chip, and plastic recycling markets.

- Type: Acquisition
- Announced: 2017-11-10
- Where: Switzerland
- Value: $21.0M (20.6M CHF)
- Status: announced
- Products: industrial yarn, PET bottle chip, plastic recycling equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Polymetrix](https://endata.com/companies/2390.md) (target)
- [Bühler Group](https://endata.com/companies/2391.md) (partner)
- [Sanlian Hongpu](https://endata.com/companies/24197.md) (acquirer)

## Sources

- [cs.com.cn](https://cs.com.cn/ssgs/gsxw/201711/t20171110_5565450.html), 2017-11-10: "本次交易奠定了公司致力于打造化纤行业主要产品领域综合技术及信息服务商的关键一步。"
- [cs.com.cn](https://www.cs.com.cn/sylm/jsbd/201711/t20171129_5598751.html), 2017-11-29: "本次交易完成后，三联虹普和标的公司的主营业务可以相互补充，在上市公司现有的 PA6 与 PA66 连续聚合及纺丝技术中融入标的公司所拥有的 SSP 技术。"

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