# Infore Environment acquires Zoomlion Environmental for 15.25 billion yuan

Infore Environment (000967.SZ) announced it will acquire 100% of Zoomlion Environmental (Zhonghuanjing) for 15.25 billion yuan via share issuance. The sellers include Ningbo Infore, Zoomlion Heavy Industry, and others.

- Type: Acquisition
- Announced: 2018-07-17
- Where: China
- Value: $2.28B (15.3B CNY)
- Status: announced
- Products: environmental sanitation equipment, environmental protection equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Zoomlion Environmental](https://endata.com/companies/24412.md) (target)
- [Zoomlion Heavy Industry](https://endata.com/companies/29617.md) (partner)
- [Infore Environment](https://endata.com/companies/33187.md) (acquirer)

## Sources

- [jiemian.com](https://www.jiemian.com/article/2317557.html), 2018-07-18: "此次收购中联环境有四个目的，一是为了进一步完善公司“高端装备制造+环保综合服务”的战略"

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