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Josab signs MOU for China joint venture and investment · Endata

◂ Announcements

Water Treatment Equipmentworld trade 2024+4.6% 5Y CAGR

Jun 5, 2019PARTNERSHIPChina

Josab signs MOU for China joint venture and investment

Josab Water Solutions AB signed a memorandum of understanding with Global Green Wisdom Investment Management (Beijing) and Beijing Wanfangcheng Technology to form a Chinese joint venture for exclusive licensing of Aqualite technology. The partners are negotiating a phased investment of about 230 million SEK over three years.

Value

$24.0M (230.0M SEK)

Status

Announced

ProductsAqualite water purification technology

CompaniesJosab Water Solutions AB partner Global Green Wisdom Investment Management (Beijing) partner Beijing Wanfangcheng Technology partner

Sectors#Water Treatment Equipment

“Signing this memorandum of understanding is an important milestone for Josab to restart its business development in China.”h2o-china.com

1 source
h2o-china.com创业集团子公司JOSAB签署关于中国市场独家许可和投资协议的谅解备忘录-中国水网Jun 12, 2019

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

More from Josab Water Solutions AB

Nov 6, 2020CONTRACTChina$142K
Josab Water Solutions receives Aqualite order from Chinese JV
Josab Water Solutions AB supplier Josab (Beijing) Ecological Water Treatment Systems customer borsvarlden.com
Oct 30, 2020PARTNERSHIPSzerencse, Hungary
Josab Water Solutions and Eurotrade to build water treatment plant in Hungary
Josab Water Solutions AB Eurotrade partner borsvarlden.com
Jul 30, 2020ACQUISITIONHong Kong/China, China$18.0M
Josab Water Solutions signs term sheet to acquire Clear Industry Co. Ltd.
Josab Water Solutions AB acquirer Clear Industry Co. Ltd. target news.cision.com
Oct 17, 2019PARTNERSHIPChina, China$1.44M
Josab Water Solutions signs joint venture agreements in China
Josab Water Solutions AB partner Beijing Win Fortune Technologies partner news.cision.com
Oct 16, 2019PARTNERSHIPBeijing, China$1.45M
Josab, Beijing Wanfangcheng and Global Green Capital sign agreements for water treatment in China
Josab Water Solutions AB partner Beijing Wanfangcheng Technology partner h2o-china.com

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