# Hengtong acquires Fujikura's stake in Jiangsu Fujikura Hengtong

Jiangsu Hengtong Power Special Conductors Co., Ltd. acquired the remaining 60% stake in Jiangsu Fujikura Hengtong Aerial Cable System Co., Ltd. from Fujikura Ltd., making it a wholly owned subsidiary renamed Jiangsu Hengtong Smart Grid Co., Ltd. The acquisition was completed on July 17, 2019, and the name change effective November 1, 2019.

- Type: Acquisition
- Announced: 2019-07-17
- Where: China
- Status: completed
- Products: OPGW (optical ground wire), overhead cable systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Fujikura](https://endata.com/companies/30118.md) (target)
- [Jiangsu Hengtong Power Special Conductors Co., Ltd.](https://endata.com/companies/43329.md) (acquirer)
- [Jiangsu Fujikura Hengtong Aerial Cable System Co., Ltd.](https://endata.com/companies/43330.md) (target)

## Sources

- [hengtongaustralia.com](https://www.hengtongaustralia.com/news/runews-detail-508110.htm), 2019-11-18: "This acquisition allows Hengtong to have a complete offering for Overhead Systems."

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