# Zhuzhou CRRC Times Electric completes acquisition of Dynex Power

Zhuzhou CRRC Times Electric completed the acquisition of the remaining 25% shares in Dynex Power Inc. for CAD 13.1 million, making Dynex Power a wholly-owned subsidiary.

- Type: Acquisition
- Announced: 2019-03-14
- Where: Canada
- Value: $9.80M (13.1M CAD)
- Status: completed
- Products: power semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Dynex Power](https://endata.com/companies/29316.md) (target)
- [Zhuzhou CRRC Times Electric](https://endata.com/companies/36770.md) (acquirer)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/ZHUZHOU-CRRC-TIMES-ELECTR-6171052/news/Zhuzhou-CRRC-Times-Electric-Co-Ltd-completed-the-acquisition-of-remaining-25-shares-in-Dynex-Pow-34384524/), 2019-03-14: "Zhuzhou CRRC Times Electric Co., Ltd. signed a definitive arrangement agreement to acquire remaining 25% shares in Dynex Power Inc. for CAD 13.1 million on January 17, 2019."

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