# BOQI International Medical to acquire Chongqing Guanzan Technology

BOQI International Medical Inc. entered into a stock purchase agreement to acquire Chongqing Guanzan Technology Co., Ltd., a Chinese medical distributor, for RMB 100,000,000 in stock and cash, with closing expected around April 20, 2020.

- Type: Acquisition
- Announced: 2020-02-03
- Where: China
- Value: $14.3M (100.0M CNY)
- Status: announced
- Products: medical distribution, medical devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [BOQI International Medical](https://endata.com/companies/44961.md) (acquirer)
- [Chongqing Guanzan Technology](https://endata.com/companies/44962.md) (target)

## Sources

- [getfilings.com](https://getfilings.com/sec-filings/200203/BOQI-International-Medical-Inc_8-K/f8k020120ex99-1_boqiinter.htm), 2020-02-03: "This is a milestone acquisition"

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