# SIIC Environment to buy 52% of Dalian Ziguang Water Treatment for 108.48M yuan

SIIC Environment Holdings, through its subsidiary, agreed to acquire a 52% stake in Dalian Ziguang Water Treatment Co Ltd from Thunip Corp Ltd and Zhang Li for 108.48 million yuan. The target operates the Tiger Beach Water Treatment Project in Dalian, China, which is being expanded from 80,000 to 90,000 tonnes/day and upgraded.

- Type: Acquisition
- Announced: 2017-11-30
- Where: Dalian, Liaoning province, China
- Value: $16.4M (108.5M CNY)
- Status: announced
- Capacity: 80,000 tonnes/day expanding to 90,000 tonnes/day
- Products: water treatment services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [SIIC Environment Holdings Ltd](https://endata.com/companies/15839.md) (acquirer)
- [Thunip Corporation](https://endata.com/companies/26250.md) (partner)
- [SIIC Environment Holdings (Weifang) Co Ltd](https://endata.com/companies/28473.md) (acquirer)
- [Dalian Ziguang Water Treatment Co Ltd](https://endata.com/companies/28474.md) (target)
- [Dalian Ziguang Lingshui Waste Water Treatment Co](https://endata.com/companies/28475.md) (target)
- [Times International Industries Limited](https://endata.com/companies/28476.md) (partner)

## Sources

- [businesstimes.com.sg](https://www.businesstimes.com.sg/companies-markets/siic-acquires-two-water-treatment-plans-dalian-205-million-yuan), 2017-11-30: "SIIC Environment Holdings has agreed to buy two water treatment plans in Dalian city in China for 205.48 million yuan."

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