# First Tractor to sell forklift company to Luoyang Chenhan

First Tractor Company and its parent China YTO are selling 100% equity and all claims of their forklift subsidiary to Luoyang Chenhan Agricultural Equipment Technology for an undisclosed amount.

- Type: Acquisition
- Announced: 2019-03-01
- Where: China
- Status: announced
- Products: forklifts, construction machinery, agricultural machinery
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [First Tractor Company Limited](https://endata.com/companies/23646.md)
- [China YTO](https://endata.com/companies/37695.md)
- [Luoyang Chenhan Agricultural Equipment Technology](https://endata.com/companies/37696.md) (acquirer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/185000.html), 2019-03-01: "公司以及中国一拖一并向洛阳辰汉农业装备科技出售搬运公司100%的股权及全部债权"

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