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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

China Hi-Tech Group acquires Oerlikon nonwovens carding business · Endata

◂ Announcements

Industrial Textilesworld trade 2024+2.0% 5Y CAGR

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Aug 8, 2018ACQUISITIONGermany and Austria, Germany

China Hi-Tech Group acquires Oerlikon nonwovens carding business

China Hi-Tech Group (CHTC) signed a pre-closing agreement to acquire Oerlikon's nonwovens machinery carding business unit, including assets of Autefa Automation GmbH in Germany and shares of Oerlikon Neumag Austria GmbH. The deal is expected to close in Q3 2018.

Status

Announced

Productsnonwovens carding machineryautomatic control systemsshort-fiber balersneedle-punching lineswool carding systems

CompaniesOerlikon target China Hi-Tech Group Corporation acquirer Autefa Automation GmbH target Oerlikon Neumag Austria GmbH target

Sectors#Industrial Textiles #Industrial Machinery

“此次收购和中国恒天集团的战略经营目标相一致，是我们持续全球化发展的重要一步”tex-asia.com

1 source
tex-asia.com恒天收购欧瑞康非织梳理业务进入预交割阶段_企业动态_纺织资讯_亚洲纺织联盟网-专业的纺织网站Nov 16, 2018

Summarized from public sources; check the original articles before acting on it.

More from Oerlikon

Apr 23, 2021ACQUISITIONItaly
Oerlikon signs agreement to acquire INglass, hot runner polymer flow control maker
Oerlikon acquirer INglass target barmag.com
Mar 1, 2019ACQUISITIONSwitzerland
Dana completes purchase of Oerlikon Drive Systems segment
Dana Incorporated acquirer Oerlikon target allisonoffhighway.com
Mar 1, 2019PARTNERSHIP
Oerlikon partners with Teknoweb Materials and Shaoyang Textile Machinery for nonwovens
Oerlikon Teknoweb Materials partner news.textileexcellence.com
Mar 1, 2019ACQUISITIONUnited States$600.0M
Dana completes acquisition of Oerlikon's Drive Systems segment
Dana Incorporated acquirer Oerlikon target nasdaq.com
Oct 18, 2018PARTNERSHIPShanghai, China, China
Oerlikon partners with Shaoyang Textile Machinery for spunmelt nonwovens lines
Oerlikon Oerlikon partner nonwovens-industry.com nonwovensnews.com fashionatingworld.com
Oct 14, 2018ACQUISITIONBernkastel-Kues, Augsburg, Germany
Oerlikon acquires AC-Automation for automated fiber production
Oerlikon acquirer AC-Automation GmbH & Co. KG target barmag.com

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