# Krones takes over Shanghai Xiantong Equipment Installation

Krones took over the business operations and assets of Shanghai Xiantong Equipment Installation in China, forming Krones Processing (Shanghai) to provide turnkey process technology solutions.

- Type: Acquisition
- Announced: 2018-09-21
- Where: Shanghai, China, China
- Status: completed
- Products: packaging and bottling machines, process technology solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Krones](https://endata.com/companies/1481.md) (acquirer)
- [Shanghai Xiantong Equipment Installation](https://endata.com/companies/34447.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/deals-mas-week-krones-fltecnics-pearl-technologies/), 2018-09-20: "Krones has taken over the business operations and assets of its partner Shanghai Xiantong Equipment Installation to expand its global footprint."

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