# Infore Environment to acquire Zoomlion Environmental Industry for 15.25 billion yuan

Infore Environment Technology Group announced plans to acquire a 100% stake in Zoomlion Environmental Industry Co for about 15.25 billion yuan.

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

## Companies

- [Infore Environment Technology Group](https://endata.com/companies/33219.md) (acquirer)
- [Zoomlion Environmental Industry](https://endata.com/companies/33220.md) (target)

## Sources

- [en.xfafinance.com](http://en.xfafinance.com/html/Companies/2018/362145.shtml), 2018-07-19: "Infore Environment Technology Group (000967.SZ) announced that it planned to acquire a 100 percent stake in Zoomlion Environmental Industry Co for about 15.25 billion yuan."

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