# Anest Iwata acquires 51% stake in Shanghai Screw Compressor (SCR Comp)

Japanese compressor maker Anest Iwata has acquired a 51% stake in Shanghai Screw Compressor, known as SCR Comp, to fund new products such as high-speed turbo machines and quality control improvements.

- Type: Acquisition
- Announced: 2018-09-20
- Where: Shanghai, China
- Status: completed
- Products: screw compressors, scroll compressors, turbo machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Anest Iwata](https://endata.com/companies/3904.md) (acquirer)
- [SCR Comp](https://endata.com/companies/3905.md) (target)

## Sources

- [hpmag.co.uk](https://hpmag.co.uk/anest-iwata-buys-51-stake-in-scr-comp-ltd/), 2018-09-20: "Japanese compressor company Anest Iwata has acquired a 51% stake in the Shanghai Screw Compressor company."

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