# Shinryo agrees to acquire 100% of Suvidha Engineers India

Shinryo Corporation entered into a definitive agreement to acquire 100% of Suvidha Engineers India Pvt. Ltd., a leading HVAC system services company in India. The transaction is expected to close on 1 October 2018.

- Type: Acquisition
- Announced: 2018-09-20
- Where: Noida, India, India
- Status: announced
- Products: HVAC systems, cleanroom systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Shinryo](https://endata.com/companies/22508.md) (acquirer)
- [Suvidha Engineers India Private Limited](https://endata.com/companies/34432.md) (target)

## Sources

- [shinryo.com](https://www.shinryo.com/en/news/20180920.html), 2018-09-20: "This acquisition marks a significant step for Shinryo to enable seamless connection as one group in coverage, as we plan to expand our business both in India and globally."
- [business-standard.com](https://www.business-standard.com/article/pti-stories/shinryo-corporation-acquires-suvidha-engineers-india-118100300334_1.html), 2018-10-03: "We believe the newly-merged company presents a good example of the growing India-Japan ties, which will contribute to India's growth through development of infrastructure."

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