# CITIC Envirotech acquires additional 15% stake in United Envirotech Water (Changyi)

CITIC Envirotech acquired an additional 15% stake in its subsidiary United Envirotech Water (Changyi) for CNY 32.5 million, gaining full ownership of the company that operates five industrial wastewater treatment plants in Changyi City.

- Type: Acquisition
- Announced: 2018-01-04
- Where: Changyi City, Shandong province, China
- Value: $4.90M (32.5M CNY)
- Status: completed
- Capacity: 200,000 cu m per day
- Products: industrial wastewater treatment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [CITIC Envirotech](https://endata.com/companies/23761.md) (acquirer)
- [United Envirotech Water (Changyi)](https://endata.com/companies/29164.md) (target)

## Sources

- [businesstimes.com.sg](https://www.businesstimes.com.sg/companies-markets/citic-envirotech-acquires-additional-15-stake-united-envirotech-water-changyi), 2018-01-04: "CEL will have full ownership of Changyi Co post-acquisition."

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