# Anhui Heli acquires 66% stake in Ningbo Lida for CNY 246.6 million

Anhui Heli Co., Ltd. agreed to acquire a 66% stake in Ningbo Lida Logistics Equipment Co., Ltd. from Anhui Forklift Group and individual shareholders for CNY 246.64 million, making Ningbo Lida a subsidiary. The deal aims to strengthen Anhui Heli's electric forklift production.

- Type: Acquisition
- Announced: 2018-12-03
- Where: China
- Value: $35.8M (246.6M CNY)
- Status: announced
- Products: electric forklifts, electric pallet trucks, electric stackers
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Anhui Heli](https://endata.com/companies/29977.md) (acquirer)
- [Ningbo Lida Logistics Equipment Co., Ltd.](https://endata.com/companies/36404.md) (target)
- [Anhui Forklift Group Corporation](https://endata.com/companies/36405.md) (partner)

## Sources

- [logclub.com](https://www.logclub.com/articleInfo/MjgzMw==), 2018-12-28: "公司拟以现金方式收购安徽叉车集团有限责任公司及汪璐艳女士、汪璐洁女士合计持有的宁波力达物流设备有限公司66%的股权，交易金额为人民币24,663.87万元。"

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